Thaifoods Group Public Co Ltd (TFG) expects momentum to continue in Q2 2026, supported by recovering pork and chicken prices and steady demand. The company anticipates stronger growth in the second half, driven by retail expansion, improved cost management, and strategic investments across its integrated food business.
Expanding retail and diversified operations
CEO Petch Nuntavisai said performance remains solid as both chicken and pork prices recover after earlier volatility. Vietnam’s favorable market conditions also provide earnings support. TFG is reducing exposure to price swings by expanding retail sales and value-added products.
The company processes all production in-house and distributes about 90% through its retail channels, strengthening profitability. TFG maintains its 2026 revenue growth target of 5–10%. It has also raised its expansion goal for the 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 throughout Thailand.
Regional growth and new facilities
Vietnam operations generate about USD 278 million annually, or 14–15% of total revenue. TFG expects this to double within three years, reaching USD 556 million. The company is also moving forward with the construction of a new feedmill in the country. This facility will lower costs by USD 2.8–5.6 million annually and improve supply chain efficiency.
Meanwhile, to further support growth, TFG is planning a new swine and chicken processing facility in northeast Thailand to reduce transport costs by USD 5.6–8.3 million annually.
Efficiency gains support long-term growth
TFG benefits from lower raw material costs after securing feed ingredients through forward contracts last year. Thailand’s policy allowing corn imports from the US is expected to further reduce costs and enhance competitiveness, with clearer benefits likely to emerge late this year.
The company believes recovering protein 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.