88(Thailand) Public Company Limited88TH
▼ NegativeCompetitionDemandSupplyrelevance
Company faces intensifying competition in the beauty market, especially from Chinese brands.
Impact on stocks 1
Consumer Staples
88(Thailand) Public Company Limited88 (Thailand) Public Company Limited, or 88TH, announced plans to expand into the pet food market in Q4 2026 to create new revenue streams and diversify risks. In the second half of 2026, particularly Q3 2026, the company expects to benefit from the gradual recognition of revenue from new products under the LYO My Color, LYO Hair Oil, and LYO Silver brands. It also plans to launch approximately 6 SKUs of cosmetics and about 4 SKUs of skincare to broaden its product portfolio to meet consumer needs. Meanwhile, the company will adopt a multi-channel marketing strategy, including e-commerce, pet shops, and modern trade, for its pet food business to reach a wide range of consumers. However, the company still faces challenges from intensifying competition in the beauty market, especially from Chinese brands, as well as risks related to raw material costs and transportation expenses due to the conflict in the Middle East, which could pressure profit margins if costs are not managed appropriately.
88(Thailand) Public Company LimitedCompany faces intensifying competition in the beauty market, especially from Chinese brands.