SFLEX Sees Order Surge, Adds 10 Spout Pouch Machines, Targets 2026 Revenue of 2.1 Billion Baht

EarningsCorporate ActionIndustry
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Summary · why it matters

Starflex Public Company Limited, or SFLEX, a leading domestic manufacturer and distributor of flexible plastic packaging, disclosed that its operating performance in the third and fourth quarters of 2026 is expected to continue growing from the second quarter of 2026, which set a new record high. The company has invested in 10 additional machines for producing and attaching spout caps, on top of its existing 11 machines, to handle orders that have nearly doubled. As for its joint venture with Thai Union Group Public Company Limited, or TU, under Star Union Packaging, in which SFLEX holds a 51% stake, the project was delayed by about six months due to the conflict situation around the Strait of Hormuz. However, TU has now approved all orders and will begin gradually sending orders starting in the fourth quarter of 2026, with the first SKU in the packaging group for salmon products expected to generate revenue of approximately 100 million baht. For 2026, SFLEX is maintaining its revenue target at approximately 2.1 billion baht, up from about 1.9 billion baht in 2025.

Impact on stocks 2

Materials▲ · 1 stocks
Starflex Public Company Limited
SFLEX
▲ PositiveDemandrelevance

SFLEX's spout pouch orders have nearly doubled, prompting investment in 10 additional machines and record Q2 2026 results with continued growth expected.

Consumer Staples▲ · 1 stocks
Thai Union Group PCL
TU
▲ PositiveDemandrelevance

Thai Union approved all orders for the Star Union Packaging JV and will begin sending orders in Q4 2026, starting with salmon packaging SKUs.

Off-coverage companies 1

Star Union PackagingPrivate▲ Positive
Demandrelevance

Star Union Packaging's JV project, delayed six months by Strait of Hormuz conflict, now has all orders approved by TU with first salmon SKU expected to generate ~100 million baht.

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