Thai Coconut Public Company Limited, or COCOCO, reported a second-quarter 2026 net profit of 122.63 million baht, up 58.51% from the same period last year and up 48.61% from the previous quarter. This brought first-half net profit to 205.16 million baht, an increase of 44.24%. Growth was driven by higher sales of coconut milk products and pet food in the US and European markets, along with a recovery in gross margin due to lower coconut costs and improved production efficiency. The gross margin in the second quarter stood at 24.14%, compared with 17.10% a year earlier. Revenue from sales and services in the second quarter was 1.73 billion baht, and for the first half it was 3.21 billion baht. The company continues to expand into international markets and increase production capacity through its subsidiary in the Philippines, which is expected to begin operations within 2026.
Thai Coconut Public Company LimitedNet profit surged 58.51% with higher sales and improved margins.
