packing industry overview
so the packing industry hardly grow 8-9 yoy ,and main points is they are also a B2B commodity business .they are also based on fragile industry . their pricing depend on their customer and the industry are also very competition areas .environment issue is always in their books main page.hardly any company are making money for their share holders so why i seen this company too for nothings . i understand that is their customer are always want low price and high credit day for them .packing company are work for high debt ,300 days + receivable high inventory low pricing demand supply mismatch ,actually they work for nothing .
it’s my view plz share ur also.