NER cuts rubber sales target to 440,000–450,000 tonnes but keeps revenue goal at 30 billion baht

Earnings
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Northeast Rubber Public Company Limited, or NER, has lowered its natural rubber sales volume target for 2026 to 440,000 to 450,000 tonnes, down from 500,000 tonnes, after assessing supply and market risks. However, it is maintaining its full-year revenue target at 30 billion baht, supported by higher global rubber prices. The gross profit margin in the second quarter improved to 10.24 percent from 8.62 percent in the first quarter, and the company expects it to remain in the 9 to 11 percent range in the second half. The company has decided to postpone construction of its third factory indefinitely due to concerns over the impact of the El Niño phenomenon, which could reduce rubber output in the first three quarters of 2027. It is also pushing into new export markets in India to replace the increasingly saturated markets of China and Singapore.

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