Neo Corporate second-quarter profit jumps 161.3% to 209 million baht

Earnings
โดย Kaohoon·TH·Read original
Summary · why it matters

Neo Corporate Public Company Limited, or NEO, reported second-quarter net profit for 2026 of 209 million baht, up 161.3% from the same period last year and 120.0% from the previous quarter. Total sales reached 3.05 billion baht, up 18.0% from a year earlier, marking the company's highest quarterly sales on record. Growth was supported by government economic stimulus measures, positive reception of new products, and success in the Vietnam market through online channels. The household products segment grew 22.9%, the personal care segment grew 22.3%, and the baby care segment returned to growth of 6.1% from a year earlier. The company has raised its 2026 sales growth target from the previous 6 to 8% to double-digit growth, with plans to open phase one of its household products factory in the fourth quarter and launch more than 200 new SKUs throughout the year.

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Q2 net profit jumped 161.3% to 209 million baht, beating expectations and driving the stock higher.