Tan Passakornnatee, Chief Executive Officer of Ichitan Group Public Company Limited (SET: ICHI), revealed that the operational results in 2Q26 is expected to grow compared to the previous quarter as the quarter is the high season for the beverage business.
However, compared to the same period last year, performance remains to be monitored due to several external pressure factors this year. Moreover, in 2Q25, the company recorded a special profit from the sale of land amounting to THB 120 million, which is absent in this quarter.
In April, sales improved compared to the previous year, but in May, sales slowed noticeably. For the impact of higher raw material prices in 2Q26, the effect is expected to be seen in June. Therefore, overall performance in 2Q26 still needs to be observed.
ICHI places great emphasis on strict cost management and ongoing negotiations with partners to sustain production capability. At the same time, the company continues to apply innovations to maximize operational efficiency. The management team remains prudent and adaptable in every situation, including managing tax incentives from the BOI to further strengthen profit potential, aiming for a revenue growth target of 12% for 2026.
Additionally, the company’s Ichitan OEM One-Stop Service contract manufacturing business is currently attracting significant market interest. The unit boasted international-standard high-speed aseptic cold filling technology, supported by an expert R&D team providing comprehensive customer support from idea to shelf.
Tan also mentioned that the company is preparing to announce two new contract manufacturing partners within this year, which will help drive contract manufacturing group sales to meet the THB 530 million target. Additionally, ICHI has partnered with Hon Chuan for a production base to accommodate growing demand and is expanding export markets to Malaysia, along with ICHI’s Indonesia operation, which continues to generate consistent profit.
