RBF Benefits as Government Extends Thai Chai Thai Plus, Boosting Second-Half Orders

Thunhoon··THINID·Read original
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R and B Food Supply Public Company Limited, or RBF, is benefiting indirectly from the Cabinet's resolution approving a reduction in the funding ceiling previously approved for the Thai Chai Thai Plus (60/40) program and approving an additional two-month extension of the Thai Chai Thai Plus (60/40) program for October to November 2026, from its previous end date this September, at a rate of 1,000 baht per person. Mr. Suranart Kittirattanadech, Chief Accounting and Finance Officer of RBF, told Thanhoon that the program will help support demand from participating food operators and benefit the company's order volume. The latest revenue structure came from the flour and sauce group at about 49.54%, the flavoring and food coloring group at approximately 32.82%, and the dried products group at another 6.00%. As for the second-half 2026 performance trend, the company expects it to be close to the first half, supported by overseas markets in both India and Indonesia. Meanwhile, its project to expand production capacity for breadcrumbs and Food Coating premix in the People's Republic of China, with an investment of about 150 million baht, is in the site preparation stage, with trial runs and applications for permits from the Chinese government expected, and commercial operations targeted for 2027. Analysts at Finansia Syrus Securities Public Company Limited recommend buying RBF shares with a target price of 6.50 baht, expecting third-quarter 2026 results to grow from the same period last year on a low base, and estimating 2026 profit to grow more than 49% from the previous year to about 644 million baht.

Impact on assets 2

Consumer Staples▲ · 1 stocks
R&B Food Supply Public Company Limited
RBF
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Government extension of the Thai Chai Thai Plus (60/40) program supports demand from participating food operators and boosts RBF's order volume.

Digital Finance & Tokenization▲ · 1 stocks