Intrafish listed Siam Canadian among Asia's 40 largest seafood exporters.
Online PR News – 31-January-2011 – – Bangkok, Thailand -- In its latest Industry report, “Asian Giants Shaping Seafood’s Future”, Intrafish, one the seafood industry’s most authoritative and respected publications listed Siam Canadian among Asia’s 40 largest seafood exporters.
Siam Canadian Group Managing Director James Gulkin said that although he was very pleased to see the group make the Top 40 list, it didn’t necessarily come as a surprise. “Siam Canadian has been following an aggressive expansion strategy for some years now and this has paid off with sustained growth on a year in year out basis,” said Gulkin.
The Bangkok based frozen seafood exporter and multi-service provider currently maintains offices in Vietnam, Myanmar, China, Indonesia and India in addition to its Thailand headquarters which was established in 1987. Siam Canadian also sources product from Malaysia, Korea and Bangladesh.
Although the group’s marketing strategy primarily focuses on major trade fairs as well as direct advertising and the internet, the rapid growth of the business is as much a result of word of mouth as any other factor. According to Gulkin, “Over almost a quarter of a century, we have built a solid reputation as a highly competent and highly reliable organization. We now sell to major importers in over 70 countries. The industry knows our company and our reputation and people therefore hear about us. As a result developing new business and new accounts is often easier for us than it used to be. Simply put, our reputation precedes us.”
Siam Canadian’s 2009 sales turnover was US$ 245 million as per the Intrafish report. 2010 saw the group’s continued growth with sales of US$ 290 million. “Admittedly part of our increase in turnover for 2010 was the higher price levels of most items we sell however our growth trend is obvious and we expect it to continue,” added Gulkin.