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Thaifoods Group Public Co Ltd (TFG) expects momentum to continue in Q2 2026, supported by recovering chicken and pork prices. The company anticipates stronger growth in the second half, driven by retail expansion, improved cost management, and strategic investments aimed at strengthening its integrated food business.
CEO Petch Nuntavisai said poultry performance in Q2 remains solid as chicken prices recover after a brief slowdown. Domestic pork prices have improved to around USD 1.78/kg, while Vietnam’s favorable pork prices provide additional earnings support.
As poultry remains one of its core growth drivers, TFG is reducing exposure to farm-gate volatility by expanding retail sales and value-added products. The company processes all poultry in-house and distributes about 90% through its retail channels, enhancing product value and profitability.
TFG maintains its 2026 revenue growth target of 5–10%. It has raised its expansion goal for its Thai Foods Fresh Market chain from 850 to 875 branches by year-end, following faster-than-expected openings. The company currently operates more than 700 outlets nationwide.
The company’s Vietnam operations continue to deliver strong growth, generating around USD 278 million annually, accounting for around 14–15% of total revenue. TFG expects this to double within the next three years to approximately USD 556 million.
To support future growth, TFG plans to invest in a new poultry and livestock processing facility in northeast Thailand, where it already has a strong customer base. The project is expected to reduce transport costs by USD 5.6–8.3 million annually. Poultry processing capacity will rise from 600,000 to 750,000 birds per day, while swine processing will also expand.
In Vietnam, TFG is moving forward with the construction of a feedmill. This facility will lower costs by USD 2.8–5.6 million annually and improve supply chain efficiency
The company is benefiting from lower raw material costs after securing feed ingredients through forward contracts last year. In addition, Thailand’s policy allowing corn imports from the US is expected to further reduce costs and enhance long-term competitiveness. Clearer benefits likely to emerge beginning late this year.
TFG believes recovering chicken prices, rapid retail expansion, and efficiency gains will drive growth. TFG aims to meet its 2026 targets while reinforcing its position as a leading integrated food producer in the region.
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