Sappe Public Company Limited reported second-quarter 2026 net profit of 189 million baht, down 23.9 percent from the same period last year, though up 3.3 percent from the previous quarter. Sales revenue came in at 1.5 billion baht, bringing total revenue to 1.538 billion baht, a decline of 3.1 percent year-on-year. The main reasons were slowing sales in the Middle East due to shipping issues and falling coconut water prices affecting the domestic All Coco business. Meanwhile, markets in Asia and the United States continued to grow well, and the company is pressing ahead with marketing investments to build its brand, while targeting full-year revenue growth of 15 percent.
Sappe Public Company LimitedQ2 net profit fell 23.9% YoY due to Middle East sales slowdown and lower coconut water prices.
