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Thai Foods Group (TFG) reported strong financial results for Q1 2026, posting total revenue of approximately USD 553 million and net profit of approximately USD 63 million, underscoring the company’s continued growth momentum across its integrated food business — particularly its poultry segment, which remains a key driver of earnings amid sustained domestic and export demand.
CEO Petch Nantavisai said the company remains confident in its 2026 growth trajectory, targeting revenue expansion of 10-15% and aiming to achieve new record highs through its fully integrated ‘Market Driven’ business model that directly connects production to consumers.
A major contributor to the company’s performance is its integrated poultry business, which continues to benefit from competitive production costs and resilient demand for affordable protein products. In the current economic environment, consumers are increasingly prioritizing value-for-money food products, positioning chicken as one of the most attractive protein sources in both domestic and international markets.
TFG continues to expand capacity across its poultry value chain, including farms, feed mills, and processing facilities, to support long-term demand growth. At the same time, the company has strengthened cost management by securing forward contracts for approximately 60-70% of its animal feed raw materials, helping mitigate the impact of commodity price volatility despite ongoing geopolitical tensions and rising global agricultural and energy costs.
Another key growth strategy is the expansion of TFG’s retail business under the ‘Thai Foods Fresh Market’ brand, which serves as a direct distribution channel for fresh chicken, processed poultry products, and other high-margin food items. As of the end of Q1 2026, the company operated 690 branches nationwide and plans to expand to 850 branches this year, up from 615 branches in 2025.
The retail expansion is expected to further strengthen TFG’s vertically integrated poultry business by enhancing pricing power and improving long-term profitability. Management believes owning direct-to-consumer sales channels will reinforce the company’s competitiveness in Thailand’s highly competitive food industry.
Beyond Thailand, TFG is accelerating overseas investment, particularly in Vietnam, which has been identified as a new strategic growth engine for the company. The expansion plan includes the construction of feed mills, poultry business expansion, and additional swine farms to support rising food demand across the ASEAN region.
TFG expects its Vietnam projects to be completed by late 2026 and begin contributing to revenue growth and production cost efficiency from 2027 onward, marking another important milestone in the company’s regional expansion strategy.
Meanwhile, the company’s Board of Directors approved an interim dividend payment for the three-month operating results of 2026 at THB 0.085 per share, reflecting TFG’s strong financial position and commitment to delivering consistent shareholder returns. The XD date is scheduled for May 25, 2026, with dividend payment set for June 11, 2026.