Dr. Worawat Chinpinkyo, Chief Executive Officer of Thai Coconut Public Company Limited (SET: COCOCO), disclosed that the company delivered strong operational performance in the first half of 2026. The success was attributed to proactive cost management and advancements in production technology, aimed at enhancing overall efficiency.
The company continues to prioritize balancing revenue growth with long-term value creation, with a particular emphasis on effective cost control, strategic sourcing of raw materials, and maintaining the ability to deliver products efficiently to customers worldwide.
Looking towards the second half of the year, Dr. Worawat stated that COCOCO expects to maintain stable revenues, despite the ongoing volatility in the global economy and fluctuating purchasing power across multiple regions. New orders from key markets—including the United States, Europe, the Middle East, and Asia—are being gradually recognized.
At the same time, global demand for coconut products continues to expand, especially in product segments such as coconut water, coconut milk, and value-added products, which remain popular among consumers worldwide. Additionally, the company’s pet food business is showing promising growth. Increasing production volumes in this segment are expected to help COCOCO realize greater economies of scale and operational efficiency.
“We anticipate that the outlook for the second half of the year will be even more favorable than the first half, thanks to continued order inflows, enhanced production efficiency, and expansion of production capacity in key regions. These factors will be vital growth drivers for COCOCO to achieve sustainable growth,” Dr. Worawat commented.
Moreover, the company is focused on increasing the proportion of high-margin products, while continuing to elevate production efficiency amid global economic uncertainties. COCOCO is actively expanding its presence in key markets, including Asia, Europe, and the Americas, and has also invested in its subsidiary in the Philippines, NOVOCOCONUT INC.
This strategic investment will augment production capabilities and mitigate supply chain risks, supporting long-term growth. The company expects operations at the new facility to commence in 2026. Efforts remain concentrated on market and customer base diversification and sustaining competitive advantages for ongoing sustainable growth. COCOCO currently exports its products to over 100 countries worldwide, demonstrating continued customer trust.
“Another key factor underpinning our future growth will be the progress of the NOVOCOCONUT INC. plant in the Philippines, which is progressing as planned. This new facility will boost COCOCO’s ability to source raw materials, manage logistics costs, and meet global customer demand more efficiently, aligning with our long-term business expansion strategy,” Dr. Worawat added.
In addition to international markets, which constitute the company’s principal revenue streams, COCOCO is also expanding the domestic market presence in line with its multi-channel distribution strategy. Most recently, the Thai Coco brand of ready-to-drink coconut water has become available in 7-Eleven stores nationwide, thereby broadening consumer access and responding to the growing trend of natural beverages.
Meanwhile, the company remains committed to developing innovative products, expanding export markets, and operating under ESG principles. These steps are intended to enhance COCOCO’s competitiveness and drive the company toward becoming a global leader in the integrated coconut products industry in a sustainable manner.
