Thai Coconut Public Company LimitedCOCOCO
▲ PositiveCapitalrelevance
Reports 58.51% net profit growth driven by sales growth, lower costs, and price strategy adjustments.
Impact on stocks 1
Consumer Staples
Thai Coconut Public Company LimitedThai Coconut Public Company Limited, or COCOCO, reported second-quarter net profit for 2026 of 122.63 million baht, up 58.51% from the same period last year and up 48.61% from the previous quarter, driven by sales growth of coconut milk products and pet food in America and Europe, lower coconut costs, and price strategy adjustments. As a result, the first six months of 2026 saw revenue of 3.214 billion baht and net profit of 205 million baht. The company plans to expand its markets in America, Europe, and Asia, while investing through its subsidiary Novocococonut Inc. in the Philippines to increase production capacity and reduce supply chain risk, with operations expected to begin within 2026.
Thai Coconut Public Company LimitedReports 58.51% net profit growth driven by sales growth, lower costs, and price strategy adjustments.