88TH Soars 4% on Strong 30% CAGR Potential as CEO Eyes Billion-Baht Sales Milestone

On October 8, 2025, the share price of 88(Thailand) Public Company Limited (mai: 88TH) stood at THB 6.90 per share at 11:17 A.M. (GMT+7), increased by THB 0.30 per share or 4.55%, with a total trading value of THB 136.36 million.

Mrs. Nuttinee Chavananikul, Chief Executive Officer of 88TH, stated the growth outlook for the company suggests that within the next 2-3 years, its sales revenue has the potential to reach THB 1 billion. The average annual growth rate (CAGR) is expected to be about 30%.

For 2025, the company’s targeted sales revenue exceeds THB 600 million, or about 30% higher than the previous year. While industry competition remains high, the company is confident in the quality and differentiation of its products, as well as its ability to meet consumer needs and compete in the market.

Mrs. Nuttinee further commented that she wants investors to have confidence in 88TH because:

  1. The company has strong financial figures, averaging a CAGR of 30% per year. Furthermore, the company carries no debt and has strong financial standing.
  2. The company does not release many products, but is dedicated to producing each product to truly meet its customers’ needs, and is confident the same approach will be used for future product launches, creating a new S-Curve for the company.
  3. The company operates in a still-growing industry with products that require repeat purchases. Therefore, investors can be confident that 88TH will continue to grow.

Currently, 88TH has a registered and fully paid-up capital of THB 212.5 million baht, divided into 212.5 million ordinary shares with a par value of THB 1 per share. The company has a policy to pay dividends to shareholders of no less than 50% of the net profit according to the company’s standalone financial statements and after legal reserves required each year.

Mrs. Nuttinee stated that the listing on the Market for Alternative Investment (mai) supports opportunities for 88TH to expand its product, partner network, and presence across all regions of Thailand for brands such as LYO (hair care products), Hone (skincare products), and ver.88 (cosmetics). The company is committed to building internationally recognized Thai brands with high-quality products that meet consumers’ needs at all times of day.

She added that 88TH is appreciated for the warm welcome on its first day of trading on mai on October 3. The company is confident that it will achieve ongoing growth this year and in the future, and hope to reach new highs by operating under good governance and providing equal information to all investors.