SNPS sees clear growth in Indonesia, boosted by rainy season driving cough remedy sales

Earnings
โดย Thunhoon·Read original
Summary · why it matters

SNPS continues to expand its international markets, especially Indonesia, where orders and growth signals are becoming clear. CEO Dr. Theeraya Krisadaphong revealed that natural color products have been very well received, with order sizes expected to increase significantly toward the end of the year. Meanwhile, the rainy season is boosting sales of cough and lung care products from partners using the company's extracts. The company also keeps launching three to four new products per quarter, focusing on longevity and metabolism trends, while benefiting from a weaker baht that lifts profit margins on overseas sales. SNPS targets 15 to 30 percent revenue growth in 2026 and a net profit of 190 million baht by 2028, under a plan to raise the export revenue share from 5 percent to 15 percent of total revenue.

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