Ichitan Group, or ICHI, has raised its 2026 revenue target for the alkaline water segment to 1.14 billion baht, up from the previous 1 billion baht, following record-high sales. The company also aims for 1.6 billion baht in 2027. Mr. Tan Passakornnatee, Chief Executive Officer, revealed that the company plans to launch a new flavor with aloe vera, expand its functional drink portfolio, partner with Thai Coconut to enter the coconut water mixed with herbs market, and expand the premium Shizuoka tea market in the second half of 2026. For international markets, the company targets export revenue of about 180 million baht this year and expects to receive approximately 26 million baht in profit share from Indonesia. It is also accelerating market expansion in Laos and Malaysia after ending operations in Cambodia. Meanwhile, the OEM business is expected to recover in the fourth quarter of 2026 after production line improvements, and the company is studying M&A opportunities to support growth.
Ichitan Group Public Company LimitedCompany is studying M&A opportunities to support growth and expects ~26 million baht profit share from Indonesia.
