Ohio-based Asian-Pacific frozen foods producer Kahiki Foods has posted record sales of US$2.2m for its Q1 ended 30 June 2002, up 24.6% from US$1.77m year on year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company reported a net loss of US$3,449 compared to last year’s loss of US$9,685, and earnings per share (EPS) were (US$0.0023) versus (US$0.0066) for the previous year’s Q1.


Michael Tsao, president and CEO, stated that the improved sales performance was due to solid growth in both warehouse clubs and supermarket accounts.


Tsao cautioned that the Q2 is likely to show negative growth due to the downturn in economic activity and consumer spending. The company expects to see solid growth for the Q3 and Q4 however, because of new products and new accounts that the company will begin supplying.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now