Agricultural Products & Services

Ingredion declared a quarterly dividend of $0.83 per share, a 1.2% increase from its prior dividend of $0.82. The dividend carries a forward yield of 3.35% and is payable October 20 to shareholders of record as of October 1, which is also the ex-dividend date.

Sunsweet Public Company Limited, or SUN, is preparing to begin testing the systems and machinery of its Sun Pack project, a project to install machinery for packaging sweet corn in paper box packaging, in October 2026. The machinery has already been moved into the factory area and is currently being installed. Production is expected to begin in November 2026, before entering the process of obtaining various standards certifications. As Weera Noppawatanakorn, Director of the Accounting and Finance Department, told Than Hoon, the company expects to begin commercial sales and deliver products to customers at the earliest by the end of 2026, or at the latest in early 2027, and will begin recognizing revenue from the project from early next year onward. Some orders have already begun to come in, and the company has started ordering production of boxes according to the specified design. If the market responds well, it may consider investing in a second set of machinery in the future. The installation of the new machinery does not significantly affect the overall capacity utilization rate. Currently, SUN has total production capacity of approximately 300,000 tons per year and a capacity utilization rate of approximately 50%. Meanwhile, in mid-October, which coincides with the vegetarian festival, the company expects demand for its products to increase from normal levels, since its main products are plant-based products that appeal to vegetarian food consumers. At the same time, the company is maintaining its revenue growth target for 2026 at approximately 10-15%, supported by the weakening of the baht, which helps increase its export competitiveness.

Phetchsrivichai Enterprise Public Company Limited, or PCE, reported second-quarter 2026 net profit up 59.5%, driven by higher revenue recognition from value-added products, especially biodiesel (B100) and refined bleached deodorized palm oil (RBDPO), along with strong cost control. Executive Pornpipat Prasitsupaphol said that in the second half of 2026 the company will push into the production and sale of biodiesel (B100) to serve domestic consumption under government policy, and will expand its edible palm oil production plant, expected to be completed in the fourth quarter of 2026, to capture high growth opportunities in the food industry. Meanwhile, T.A.C. Consumer Public Company Limited, or TACC, is pressing ahead in the beverage market with two new "pang yen" menu items, matcha green tea pang yen and Thai tea pang yen, to be sold at All Cafe outlets in 7-Eleven stores nationwide from August 13, 2026. Executive Chatchavee Wattanasuk expressed confidence that the new products will be well received and will help drive 2026 revenue growth of more than 10% in line with the target. Thai Reinsurance Public Company Limited, or THREL, reported second-quarter 2026 net profit surging 239% to 32 million baht, with reinsurance premiums received up 6% to 1,112 million baht and insurance operating profit jumping 69% to 59 million baht, pushing its combined ratio down to 88.8%. Chief Executive Wipol Vorasahut said he is confident 2026 results will swing back to profit as targeted. Infraset Public Company Limited, or INSET, reported second-quarter 2026 earnings of 63.66 million baht, up 652.33% from the same period a year earlier, reflecting continued growth in its data center and cloud businesses. Its board approved an interim cash dividend of 0.05 baht per share, with payment set for September 9, 2026. Managing Director Sakbovorn Pukkanasut said the outlook for the second half is bright and that the company will bid for more than 5 billion baht in new work. Euroasia Total Logistics Public Company Limited, or ETL, reported first-half 2026 service revenue of 1,083 million baht, an increase of 227.4 million baht, or 27%, from the same period a year earlier, with gross profit tripling on continued growth in trip volumes, supported by imports of electronics and data center goods and the relocation of manufacturing bases within ASEAN, according to executive Thanet Mekhintarangkoon.

Centene Corp. and Archer-Daniels-Midland Co. each raised their 2026 guidance while trading at valuations below their industries and the S&P 500. Centene now expects premium and service revenues of $173-$177 billion for 2026, up from a prior range of $171-$175 billion, and total revenues of $193.5-$197.5 billion, up from $187.5-$191.5 billion, with adjusted EPS expected to exceed $4.80 versus the prior guidance of greater than $3.40, a surge of more than 130.8% from 2025. Archer-Daniels-Midland raised its 2026 adjusted earnings guidance to approximately $5.15-$5.60 per share from a previous range of $4.15-$4.70, citing finalized renewable volume obligations under the U.S. Renewable Fuel Standard, global trade dynamics and higher energy prices, and continues to project 2026 capital expenditures of $1.3-$1.5 billion. Centene shares have jumped 68.7% year to date and carry a forward P/E of 13.58X, below the industry's 22.23X and the S&P 500's 18.03X, while Archer-Daniels-Midland shares have surged 50.4% year to date with a forward P/E of 16.60X. Both stocks hold a Zacks Rank #1 (Strong Buy), and their Zacks Consensus Estimates for current-year earnings have improved 40.9% and 8.5%, respectively, over the last 60 days.

Archer Daniels Midland's Carbohydrate Solutions segment posted a 22% year-over-year increase in operating profit in the second quarter of 2026, helped by favorable ethanol market conditions. Within that segment, Starches and Sweeteners operating profit rose 7%, and management said ethanol margin strength, including policy incentives, drove the improvement and more than offset continued pressure on liquid sweetener volumes and margins, particularly in North America. Ethanol is only one part of the Carbohydrate Solutions business, which also depends on sweetener and starch demand, commodity costs, pricing, product mix and operating efficiency, so broader gains across the carbohydrate portfolio will likely be needed for sustained growth. ADM is also pursuing ethanol capacity expansions and debottlenecking at existing facilities. The Zacks Consensus Estimate points to ADM earnings per share growth of 52.2% in 2026 and 3.5% in 2027, with both estimates rising over the past 30 days.

Japanese seafood group Umios, formerly Maruha Nichiro, has acquired a 25.1% minority stake in Thailand's Pataya Food Industries. The transaction is being carried out through Umios group company Kingfisher Holdings, and Umios did not disclose the purchase price for the interest. Bangkok-based Pataya Food Industries, founded in 1979, has a capitalisation of Bt280m, equivalent to $8.4m, and manufactures branded seafood and pet-food products while also acting as a B2B supplier in Asia. Umios said the deal and alliance will expand the group's portfolio of processed foods and other products as well as its sales channels in Asia, advancing the local strategy set out in its long-term vision. The move follows Umios' June agreement to take a 51% stake in Malaysia-based Pet World International for Y11.4bn, or $73.7m at current exchange rates.

Tooru PLC CEO Scott Livingston said the company's growth is accelerating as its OAF and Pulsin brands gain retail traction, after the group generated more than £1 million of EBITDA from its operating businesses in the first half. Livingston told Proactive's Stephen Gunnion that OAF has secured additional stores with Tesco and Asda after meeting key performance indicators during its trial period, though he noted the brand remains in a relatively small number of stores across both retailers and that early conversations are under way with other chains. He also said Pulsin has returned to positive cash flow and EBITDA after earlier challenges, with strong demand and growing European distribution supporting a cautious shift from a defensive approach back towards growth. Following a fundraise of nearly £1 million, Tooru is assessing potential acquisitions, targeting wellness and natural-product businesses that fit its existing portfolio, serve similar consumer demographics, and could benefit from its manufacturing capabilities. For the second half of 2026, Livingston identified three priorities: increasing OAF distribution with major retailers, expanding Pulsin's European reach, and pursuing suitable acquisitions.

Hershey has resumed dividend growth, lifting its quarterly payout to $1.452 per share starting with the February 17, 2026 ex-date after holding it flat at $1.37 for five consecutive quarters from February 2024 through November 2025. The increase followed a brutal stretch for the confectioner: full-year 2025 net income fell to $883.3 million from $2.22 billion in 2024, operating income dropped to $1.42 billion from $2.90 billion, and adjusted EPS slid roughly 36% to 37% to $6.31, pressured by record cocoa costs and $160 million to $170 million in tariff expenses. The recovery has been sharp, with Q1 2026 adjusted EPS of $2.35 beating the $2.05 estimate on revenue of $3.10 billion, and Q2 2026 adjusted EPS of $1.90 beating the $1.43 estimate on revenue of $2.79 billion, while adjusted gross margin expanded 350 basis points to 41.6%. Full-year 2026 guidance calls for adjusted EPS of $8.36 to $8.52, implying 32.5% to 35% growth off the 2025 base, and CFO Steve Voskuil told investors on the July 30 call that the company has good visibility into cocoa deflation next year. The stock closed at $173.32 on September 11, down 2.62% year to date and well below the analyst target price of $205.52, and the next board declaration this fall will show whether the resumption becomes a trend or the freeze story remains live.

Petchsrivichai Enterprise Public Company Limited, or PCE, expects total revenue for 2026 to grow 10-15% compared with the same period a year earlier, when revenue stood at 30.55 billion baht. Mr. Prakit Prasitsupphaphol, Chief Executive Officer and Managing Director, disclosed that sales in the third quarter of 2026, which falls during the rainy season, are likely to be flat compared with the second quarter of 2026, and will accelerate in the fourth quarter of 2026, the high season for economic activity, tourism, and the New Year festival. The company is confident that its gross profit margin will grow by a double-digit rate. In the first half of 2026, PCE recorded a net profit of 220.91 million baht, up 36% year on year, while in the second quarter of 2026 net profit was 214.20 million baht, up 60.2% year on year, and the gross profit margin rose to 5.4% in the first six months of 2026 from 2.0% a year earlier. This was supported by an increase in the share of high-value products, especially B100 and RBDPO. The company sells B100 according to customer orders and usage demand, with forward purchase agreements in place with Major Oil. In the production of palm cooking oil under the Rinthip brand, the company has expanded its distribution channels to cover distributors, modern trade, and modern retail outlets such as 7-Eleven, CJ More, and department stores nationwide, while also targeting Japanese restaurants, which place importance on raw material quality and food standards. The company is also closely monitoring the El Nino phenomenon, and assesses that palm output in 2027 will decline by about 10-15%. It is therefore continuing to expand palm fruit purchasing points from farmers' plantations, along with a plan to expand the phase 3 extraction plant, raising fresh palm fruit processing capacity from 150 tons per hour to 225 tons per hour and increasing CPO production capacity from 300 tons per day to 700 tons per day, so as to produce more than 900 tons of crude palm oil per day on its own. It also has a project to upgrade its refinery with CPO Washing and Double Refine technology to raise output to High-Quality RBDPO to serve the premium market, with commercial operation scheduled for the second quarter of 2027.

Thai Union Feedmill (TFM) is advancing its aquaculture business investment in Ecuador by establishing a subsidiary, Thai Union Feedmill Ecuador S.A.S., which was completed on September 4, 2026, with an initial registered capital of $27 million. TFM holds 85.19% of the shares, alongside AVANTI FEED LTD. with 11.11% and PACIFIC AQUA SOLUTION PACSOL S.A.S. with 3.70%. Subsequently, the capital was increased to $30 million, resulting in TFM's shareholding proportion decreasing to 76.67%, while AVANTI FEED LTD. holds 10%, FEVALRI S.A. holds 10%, and PACIFIC AQUA SOLUTION PACSOL S.A.S. holds 3.33%. The company stated that this shareholding restructuring aims to strengthen capital readiness and liquidity, support future operations and business expansion, and build strong business alliances in Ecuador.

Mr. Thiraphong Chansiri, President and CEO of Thai Union Group (TU), revealed that Thai Union Feedmill (TFM), a subsidiary in which TU holds 51%, has established a new subsidiary in Ecuador named Thai Union Feedmill Ecuador S.A.S. to support investment and expansion of the aquafeed business in the region. The company was registered on September 4, 2026, with an initial registered capital of 27 million US dollars, divided into 27 million ordinary shares at a par value of 1 US dollar per share. TFM holds 85.19% of the shares, while Avanti Feed Ltd. holds 11.11%, and Pacific Aqua Solution Pacsol S.A.S. holds 3.70%. The main objective is to invest in constructing a factory to operate businesses related to aquatic animals in Ecuador, which will enhance TFM's potential in international markets and create opportunities for long-term business expansion. Meanwhile, TFM plans to increase the registered capital of this subsidiary from 27 million US dollars to 30 million US dollars, along with adjusting the shareholder structure. After the capital increase, TFM will remain the major shareholder, but its stake will decrease from 85.19% to 76.67%, or 23 million shares out of a total of 30 million shares. Avanti Feed will hold 10%, and Fevalri S.A. will newly hold 10%, while Pacific Aqua Solution Pacsol S.A.S. will hold 3.33%.

Thai Union Feedmill Public Company Limited, or TFM, announced that the registration of its subsidiary in Ecuador for the aquatic animal business has been completed on September 4, 2026. The subsidiary, named Thai Union Feedmill Ecuador S.A.S., has a registered capital of 27 million US dollars, divided into 27 million ordinary shares with a par value of 1 US dollar per share. TFM holds 23 million shares, representing 85.19%, while AVANTI FEED LTD. holds 3 million shares, or 11.11%, and PACIFIC AQUA SOLUTION PACSOL S.A.S. holds 1 million shares, or 3.70%. Together, the three shareholders hold 100% of all shares. Additionally, the company plans to increase the registered capital and adjust the shareholding structure of the subsidiary to enhance liquidity and support future business expansion, as well as to establish business partnerships in Ecuador.

Thai Union Feedmill Public Company Limited (TFM) has established a subsidiary in Ecuador to operate its aquaculture business. The company's board of directors approved the establishment, and it was officially registered on September 4, 2026. The subsidiary, named Thai Union Feedmill Ecuador S.A.S., will invest in constructing a plant for its business operations. The shareholder structure consists of TFM holding 85.19%, AVANTI FEED LTD. holding 11.11%, and PACIFIC AQUA SOLUTION PACSOL S.A.S. holding 3.70%. Additionally, the company plans to increase its registered capital and adjust the shareholding structure of the subsidiary to strengthen its financial readiness and liquidity, supporting future operations and business expansion, as well as building strong business alliances in Ecuador.

In this morning's session, A-share market style shifted, with agricultural and non-ferrous metals cyclical sectors surging while semiconductor technology sectors pulled back. The Shanghai Composite Index reported at 3,946.99 points, up 0.36%, with combined turnover on the Shanghai and Shenzhen exchanges reaching 1.26 trillion yuan in the half-day session. The agricultural sector saw another wave of limit-ups, with Yasheng Group hitting its fourth consecutive limit-up, Dunhuang Seed achieving a third consecutive limit-up, and the Shenwan Agriculture, Forestry, Animal Husbandry and Fishery Index rising 1.53%. A World Meteorological Organization bulletin shows the probability of the El Niño event persisting until February 2027 is close to 100%, and it will reach super intensity in the coming months, with a peak expected around the end of 2026. Affected by this, global agricultural product prices have risen, with Chicago wheat futures hitting a three-year high. The fertilizer sector also moved, with Luhua Technology and other stocks hitting limit-up, and domestic urea quotes rising by 50 to 150 yuan per tonne in a single day. The non-ferrous metals sector rallied, with LME copper prices hitting a record high, touching 14,617 US dollars per tonne. Analysts at Guosen Futures noted that record-low copper concentrate processing fees, inventory divergence, and the start of peak-season restocking are supporting copper prices.

Archer Daniels Midland Company is targeting $500 million to $750 million in cumulative cost savings over a three- to five-year period, aiming to improve its cost structure and support earnings growth amid challenging market conditions. The company plans to achieve these savings through improved manufacturing efficiency, streamlined supply chains, reduced administrative and operating costs, and enhanced productivity, while also simplifying its portfolio and reallocating resources to higher-growth opportunities. ADM has already generated approximately $200 million in savings in 2025, indicating tangible progress toward its goal. In the second quarter of 2026, total segment operating profit jumped 75% year over year to $1.5 billion, and adjusted earnings nearly doubled, increasing 98% year over year. The company's shares have gained 26.2% in the past six months, and it trades at a forward price-to-earnings ratio of 15.6 times, slightly above the industry average of 15.49 times. The Zacks Consensus Estimate for ADM's 2026 and 2027 earnings per share indicates year-over-year growth of 52.2% and 3.5%, respectively, and the company currently holds a Zacks Rank #1 (Strong Buy).

In early trading on September 7, grain concept stocks surged collectively. Yasheng Group hit limit up at the opening and achieved three consecutive limit-up boards, while Dunhuang Seed recorded four limit-up boards in seven trading days. On the news front, six departments including the Ministry of Agriculture and Rural Affairs jointly issued the Implementation Plan for Upholding Prioritized Development of Agriculture and Rural Areas and Improving the Rural Revitalization Investment Mechanism, proposing to basically establish a rural revitalization investment mechanism suited to the level of agricultural and rural development by 2030. In addition, a report by the United Nations Food and Agriculture Organization showed that the global food price index rose 1.9 percent month-on-month in August, and the World Meteorological Organization confirmed that an El Niño event has formed and may persist until 2027. In the first half of the year, Yasheng Group achieved operating revenue of 1.472 billion yuan, down 2.63 percent year-on-year, and net profit of 24.9188 million yuan, down 11.01 percent year-on-year.

Phetch Srivichai Enterprise Public Company Limited (PCE) expects several supporting factors in the second half of 2026, including increased demand for B100 biodiesel following the government's policy to adjust diesel to B7 and allow B20 as an alternative, as well as the expansion of its edible palm oil production capacity from 300 tons per day to 700 tons per day, which will be completed in the fourth quarter of 2026. Additionally, the company is promoting its 'Rintip' brand to consumers through Modern Trade channels and all 7-Eleven branches. The company reported a net profit of 214.2 million baht in the second quarter of 2026, up 59.5% from the same period last year, with total revenue of 7,057.8 million baht. For the first six months, net profit was 220.9 million baht, up 36.0%, and EBITDA margin increased to 4.5% from 1.9%, reflecting a shift in product mix towards value-added products such as B100 and RBDPO, which are expected to enhance revenue quality and profitability in the long term.

Archer Daniels Midland reported second-quarter 2026 adjusted earnings of $1.84 per share, up 98% year over year and surpassing the Zacks Consensus Estimate of $1.42 by 29.6%, while revenues rose 7.1% to $22.68 billion, beating the consensus of $22.38 billion. The company raised its 2026 adjusted earnings guidance to approximately $5.15-$5.60 per share from the previous range of $4.15-$4.70, citing improved crushing and ethanol margins. Segment operating profit increased 75% year over year to $1.5 billion, with Ag Services and Oilseeds profit surging 129% to $867 million, Carbohydrate Solutions up 22% to $411 million, and Nutrition up 51% to $172 million. ADM also processed 9.5 million metric tons of oilseeds, up 4.7% from the prior-year quarter. Following the report, shares have gained about 10.1% over the past month, outperforming the S&P 500, and the consensus estimate has shifted upward by 14.23%.

Phetchasewee Enterprise Public Company Limited, or PCE, has expressed confidence that its business in the second half of 2026 will continue to grow, supported by demand for B100 biodiesel in line with government policy, and the expansion of its cooking palm oil production capacity from 300 tons per day to 700 tons per day, more than doubling output. The expansion is expected to be completed within the fourth quarter of 2026 to accommodate a growing customer base in the food industry and the distribution channels for its "Rintip" brand, which is now available at all 7-Eleven stores nationwide. Meanwhile, the company is constructing Phase 3 of its crude palm oil mill, which will increase fresh fruit bunch processing capacity from 150 tons per hour to 225 tons per hour, enabling it to produce more than 900 tons of crude palm oil (CPO) per day, with commercial production slated for the second quarter of 2027. Additionally, there is a refinery upgrade project incorporating CPO Washing and Double Refine technologies to elevate semi-refined palm oil to high-quality RBDPO, catering to the premium food market, also set for commercial operation in the second quarter of 2027. These investments are part of the company's value-enhancement plan under the Stock Exchange of Thailand's JUMP+ program, aimed at strengthening its fully integrated palm oil business chain and creating higher-value products in the long term.

Archer Daniels Midland (ADM) is seeing a surge in earnings estimates, with analysts increasingly optimistic about the agribusiness giant's prospects. The company currently holds a Zacks Rank #1 (Strong Buy), reflecting strong upward revisions. For the current quarter, ADM is expected to earn $1.53 per share, a 66.3% increase from the year-ago period, and the consensus estimate has risen 14.23% over the past 30 days. For the full year, earnings are projected at $5.22 per share, up 52.2%, with the consensus estimate climbing 14.78% in the past month. ADM shares have gained 5.9% over the past four weeks, and the positive estimate revisions suggest further upside potential.

Archer Daniels Midland Company's Flavors business is emerging as a key growth driver for its Human Nutrition segment, with operating profit in the segment surging 51% year over year to $139 million in the second quarter of 2026. Flavors sales increased in every key region, particularly in EMEA and Asia Pacific, where growth has been about 20% annually, driven by local customers in China and other Asian markets. Management expects Flavors to deliver at least mid-single-digit growth over the medium term, with operating profit likely to grow slightly higher due to operating leverage. The company is also building additional growth engines in Human Nutrition, such as Specialty Ingredients, which is improving with recovering volumes at Decatur East and better emulsifier performance. ADM shares have gained 26% in the past six months, and the Zacks Consensus Estimate for 2026 EPS indicates 52.2% year-over-year growth.

Del Monte Corp. has entered a joint venture in China for the sale of fresh-cut fruit products, partnering with Riverking (Shanghai) Agricultural Technology Development Co., a leading integrated private fruit enterprise. The deal, struck through its Hong Kong subsidiary Del Monte Fresh Produce (HK), targets China's rapidly growing fresh-cut fruit market. In its 2025 annual report, Del Monte noted that Asia accounted for 9% of its total sales of $4.32 billion last year, with fresh and value-added products generating $2.62 billion and bananas $1.49 billion. President and COO Mohammed Abbas said the partnership gives Del Monte a strong platform to deepen its foothold across Asia. Riverking, founded in 2003, operates 11 distribution centers in China and has offices in South America, Australia, New Zealand, North America, and Thailand.

SDIC Fengle Seed Industry Company Limited announced that the transfer of the underlying assets for its acquisition of a 60% equity stake in SDIC Zhangye Jinzhong Technology Company Limited has been completed, and SDIC Jinzhong has become a controlling subsidiary of the company. The company has paid 50% of the equity transfer consideration to the transferor, SDIC Seed Industry, amounting to 16.8824 million yuan. The transaction was approved by the board of directors on June 25, 2026, and approved by the extraordinary general meeting of shareholders on July 14. SDIC Jinzhong has a registered capital of 500 million yuan, was established in November 2024, and is mainly engaged in the production and operation of crop seeds. The company stated that the remaining transaction price still needs to be paid, and the relevant parties will continue to fulfill their agreement commitments.

Del Monte Corporation announced that its subsidiary, Del Monte Fresh Produce (HK) Ltd., has entered into a joint venture with Riverking (Shanghai) Agricultural Technology Development Co., Ltd. to expand into China's fresh-cut fruit segment. The partnership combines Del Monte's brand strength and fresh-cut expertise with Riverking's local sourcing and distribution network, aiming to capture growth in a market where China is expected to account for about 45% of Asia's fresh-cut produce market by 2034. The agreement was announced during Asia Fruit Logistica in Hong Kong, where Del Monte President and COO Mohammed Abbas met with Riverking Founder and Chairman Zhang Ming. Del Monte, which trades on the New York Stock Exchange under the symbol DMC, and Riverking, a Shanghai-based integrated fruit enterprise with annual import and export volume exceeding 10,000 containers, will jointly deliver branded, premium fresh-cut fruit to Chinese consumers.

Hershey has introduced new Creme Bars in Salted Caramel and Affogato flavors, supported by a celebrity campaign featuring global girl group KATSEYE, along with experiential sampling events. The company has also partnered with The Nitro Bar to create a Reese's Pumpkins PB Whip Latte, bringing its candy brand into specialty coffee. These product extensions are part of Hershey's innovation pipeline, which analysts see as supporting market share and incremental revenue, particularly around Reese's and less cocoa-intensive formats. Management has guided to 4% to 5% net sales growth for 2026, and commentary on upcoming quarterly calls will help investors gauge whether these launches are tracking in line with expectations. Hershey, a US-based food company with a market cap of $35.4 billion, aims to keep its brands visible in snacking and coffee occasions amid ongoing cost and tariff risks.

PRG Corporation Public Company Limited (PRG) announced an interim dividend payment from first-half operating results at 0.38 baht per share, with the ex-dividend (XD) date set for September 17, 2026, and payment on September 30, 2026. Meanwhile, the board of directors approved for Fit Health 168 Company Limited (FH 168), a subsidiary in which PRG holds 52%, to lease land and buildings from NFS Asset Management Company Limited (NFS-AMC), a subsidiary of Thanachart Capital Public Company Limited (TCAP), for use as a medical clinic in Mueang Chiang Mai District, Chiang Mai Province. The total leased area is approximately 1,906 square meters, comprising about 1,238 square meters of building and surrounding area, and about 668 square meters of road and parking space. The lease term is 3 years, from February 1, 2027, to January 31, 2030. The total lease value is 4.21 million baht, with an average rental rate of 56.61 baht per square meter per month, or 107,899 baht per month. A security deposit of 323,697 baht, equivalent to 3 months' rent, will be placed. The contract is expected to be signed within September 2026, with funding from FH 168's internal working capital. The board and audit committee view the transaction as transparent, fair, and on arm's-length terms, which will help create new business and long-term returns for the group.

Hershey's has announced the launch of its new Creme Bars, available in Salted Caramel and Affogato flavors, and is partnering with global girl group KATSEYE for a campaign featuring their signature "Pinky Up" gesture. The bars, made with smooth milk chocolate and rich creme fillings, come in 2.2 oz standard bars and 8.4 oz snack size pouches, and are available now at participating retailers. The campaign encourages consumers to express individuality and find happiness in everyday moments, with sampling and pop-up experiences planned for later this fall, as well as a partnership with Uber for select cultural moments. Katrina Vatter, Senior Brand Manager at The Hershey Company, emphasized that the launch celebrates self-expression and shareable moments. The Hershey Company, which generates more than $11.7 billion in annual revenues, continues to expand its confection portfolio with this new product.

Marzetti Company reported record net sales, gross profit, and operating income for fiscal year 26, with fourth-quarter adjusted diluted earnings per share increasing $0.12 to $1.46. The company's fourth-quarter reported net sales decreased 2.2% to $465 million, but excluding noncore temporary supply agreement sales, adjusted net sales improved 40 basis points. Gross margin expanded for the 12th consecutive quarter, and adjusted operating income grew 17.5%. The company completed the sale of its Milpitas, California facility for over $20 million, recording an $18.5 million gain. For fiscal 27, Marzetti expects mid-single-digit revenue growth, driven by the Bachan's acquisition, and anticipates a 100-basis-point gross margin expansion, despite a 250-basis-point sales headwind from the Cyclospora outbreak in the first quarter.

Danish industrial group Schouw & Co. has extended its 2026 share buy-back programme by up to DKK 170 million, raising the total repurchase amount to DKK 410 million. The extension, announced on 14 August 2026, supplements the original programme initiated on 2 January 2026, which had authorized up to DKK 240 million in buy-backs. During the week of 24–28 August 2026, the company repurchased 42,000 shares at an average price of DKK 754.93, spending DKK 31.7 million. As of 28 August, Schouw & Co. had accumulated 325,483 shares for DKK 216.9 million, and now holds 2,623,276 treasury shares, representing 10.49% of its total share capital of 25 million shares. The buy-back is conducted under EU Market Abuse Regulation safe-harbour rules.

Phetchasee Vijai Enterprise or PCE, a leader in the integrated palm oil industry, reported its operating results for the second quarter of 2026, with a net profit of 214.2 million baht, an increase of 59.5% compared to the same period last year, driven by a higher proportion of value-added products. For the second half outlook, the company expects biodiesel B100 to increase in line with domestic demand and government policies. Meanwhile, it is expanding its production capacity for cooking palm oil, expected to be completed within the fourth quarter of 2026, to support the growth of the food industry. It is also managing its integrated infrastructure to control production costs, driving revenue growth in line with targets.

Petch Srivichai Enterprises Public Company Limited (PCE), a leader in the integrated palm oil industry, reported its operating results for the second quarter of 2026, with a net profit of 214.2 million baht, an increase of 59.5% from the same period last year, driven by a higher proportion of value-added products. The company expects that in the second half of the year, biodiesel (B100) will continue to rise in line with domestic demand and government policies. Meanwhile, the company is expanding production capacity for its palm oil products for consumption, which is expected to be completed within the fourth quarter of 2026 to support growth in the food industry. It is also managing its comprehensive infrastructure to control production costs, driving revenue growth in line with targets.