Ichitan Group Public Company Limited reported second quarter 2026 results with sales of 2.1466 billion baht, down 5.2% from the same period last year, and net profit of 309.2 million baht, down 24.1% year on year. The decline was due to an extraordinary gain of 120 million baht from land sales in the second quarter of 2025, while domestic sales grew but overseas sales fell because OEM export manufacturing revenue missed its target and revenue from Cambodia was lost. However, sales grew 11.3% from the previous quarter and the company maintained a gross margin of 23.5% in line with its target, supported by non-tea products, especially Ichitan alkaline water, which is on track to achieve record sales exceeding 1 billion baht this year. The board approved an interim dividend of 0.45 baht per share, with the record date for shareholders entitled to receive the dividend set for 27 August 2026 and payment on 11 September 2026.
Ichitan Group Public Company LimitedQ2 profit down 24.1% due to lower sales and lost land-sale gain, though dividend declared.
