R and B Food Supply Public Company Limited, or RBF, disclosed that its overseas markets, particularly Indonesia, Vietnam and India, are growing at more than 20%, driven mainly by Food Coating products, while its food ingredients and seasoning group is also showing better growth signals. Mr. Suranart Kittirattanadech, Chief Accounting and Finance Officer, told the Stock Vision news team that the domestic market in the third quarter of 2026 through the fourth quarter of 2026 remains flat amid a slowing economy and is under added pressure from rain and flooding, though the company still benefits from some domestic customers with export businesses. As for the investment plan for its plant in Qingdao, China, scheduled to begin commercial operation, or COD, in 2027, the company views it as a key strategic move for long-term growth, with revenue to be gradually recognized as the customer base expands, and as a future production and distribution base for other areas across China. For its cost management strategy, the company will consider reducing some production in Thailand and using capacity from its plants in Indonesia, Vietnam and India to produce and ship goods back for sale in Thailand, while using tax privileges from the Board of Investment to maintain profitability. As for its 2026 earnings outlook, the company expects the full year to be better than last year, even though total revenue may not reach double-digit growth because of the domestic slowdown and the impact of the floods, with overseas markets still a key driver supporting growth.
R&B Food Supply Public Company LimitedQingdao plant scheduled for commercial operation in 2027 as a key long-term growth investment, with revenue recognized as customer base expands.
