Phet Nantavisai, Chief Executive Officer of Thai Foods Group Public Company Limited (SET: TFG), revealed that the recent increase in meat prices has been driven by weather conditions and recovering consumer demand. Although the war situation has caused some rising costs, the company is only slightly affected, thanks to proactive cost management and advance pricing of raw materials.
At the same time, concerns over food security due to the uncertainty of the war remain a positive factor for the food industry in the medium to long term. Thailand’s potential as an exporter will boost demand for products, particularly in the meat segment.
For the fiscal year 2026, the company targets revenue growth of 10–15%, aiming for a new record high continuously. This will be accomplished by fully embracing a market-driven model, including expanding the “Thai Foods Fresh Market” retail business to 850 branches, up from 615 at the end of 2025, in order to directly reach consumers and increase the share of high-margin products.
Furthermore, the company plans to expand its production base in the Northeastern region, enhancing the strength of its integrated supply chain alongside overseas market penetration. Vietnam, in particular, is set as the company’s new growth engine, with the construction of animal feed plants, expansion of poultry business, and increase of pig farms. These projects are expected to be completed by the end of 2026 and to start contributing positively to revenue and costs from 2027 onwards.
With factors such as supportive product prices, effective cost management, and business expansion going as planned, TFG is confident in its growth potential and expects its revenue to continuously reach new highs.
