Mr. Phet Nantavisai, Chief Operating Officer of Thai Foods Group Public Company Limited (SET: TFG), revealed that the outlook for the fourth quarter of 2025 will continue to grow from the third quarter of 2025, which reported a net profit of 1,704.09 million baht and total revenue of 18,378.31 million baht. This supports the company’s operating results to achieve a record high in 2025.
The direction of the retail business in this quarter still shows continuous growth compared to the third quarter of 2025, and it is believed that this momentum should be maintained in 2026. Therefore, in 2025, the company expects revenue to grow by 13-15% from the previous year, and in 2026, revenue is expected to grow by 10% or to around 80,000 million baht.
During the fourth quarter of 2025, the company continues to expand its flagship retail stores, “Thai Foods Fresh Market” (Retail Shop), which plays a key role in supporting revenue growth according to the target of a total of 615 branches to meet consumer demand. This also increases the business margin and enables the most efficient cost management to support strong and sustainable operational growth.
For the fourth quarter of 2025, the company plans to open an additional 120 “Thai Foods Fresh Market” branches, expecting to reach 615 branches by the end of 2025 and to increase to 850 branches in 2026. Currently, plans and locations for 720 branches have already been secured. The expansion of “Thai Foods Fresh Market” will significantly impact both the revenue and profit of the company.
At present, TFG’s retail revenue accounts for approximately 37-38% of total revenue, and it is expected that this proportion will rise to 40% in 2026, which will help reduce profit volatility.
Mr. Phet added that the “Thai Foods Fresh Market” retail stores will be the flagship and the company’s main strategy. He expects this will transform TFG’s business from relying mainly on low-cost production to focusing on marketing products to a broader market than its own production. This will enable continuous growth in terms of volume, growth rate, and margin.
Furthermore, the company’s board of directors, in its meeting on 12 November 2025, resolved to pay a cash dividend for the first 9 months of 2025 (1 Jan.-30 Sep. 2025) to shareholders at the rate of 0.10 baht per share, with the ex-dividend date (XD) set for 26 November 2025 and the dividend payment scheduled for 11 December 2025. In total, the interim dividend payments for this year amount to 0.40 baht per share (with three interim dividend payments made). However, in the future, the company sees the possibility of paying dividends on a quarterly basis.
The current dividend yield for TFG is at 6.54%.
