Nutrition SC PCL

Nutrition SC Public Company Limited, or NTSC, expects its operating results in the third quarter of 2026 to continue growing from the second quarter of 2026, when it posted a net profit of 3.7 million baht and sales revenue of 335 million baht, driven by both its human food additives business and its animal feed business. Dr. Patch Ekpanyasakul, Chief Executive Officer, also confirmed that full-year 2026 results will grow at a double-digit rate despite facing volatility from conflicts and higher raw material costs. The contract manufacturing, or OEM, business continues to grow prominently, with its revenue share rising to a double-digit level and with good margins, especially in the Specialty product group. The company is therefore proceeding with investment in two new plants on its existing site in Samut Sakhon province: a human food products plant with production capacity of approximately 1,800 tons per year and an animal feed products plant with production capacity of approximately 6,500 tons per year, or a combined capacity increase of 8,300 tons per year. They are expected to begin operations within 2026 after system testing is completed. At the same time, NTSC plans to expand into export markets in Vietnam, the Philippines, and Myanmar, since currently almost 100% of its customer base is in Thailand, although developing each project's feed formula takes about one to two months.