UPEC's Q3 Profit Still Hit by Cost Pressure; Turnaround Expected in 2023, Raising FVE to TWD 67

Uni-President Enterprises, or UPEC, upholds a “one core and four pillars” strategy model, with the core being “brand management,” supplemented by the pillars of “manufacturing and R&D,” “customer experience & retail operations,” “trade & distribution,” and “strategic acquisitions & alliances.” These strategies are executed via its various subsidiaries, with the two major ones being President Chain Store and Uni-President China.