Thai Union Feedmill PCLRevenue growth target cut to 5-7% and gross margin lowered to 17-19% due to economic pressures and higher fishmeal costs.

Thai Union Feedmill, or TFM, has set a revenue target of 10 billion baht by 2030, along with expanding in Indonesia to push the overseas revenue share to 50% and aiming to become one of the top three aquafeed producers in the Indonesian market by 2030. Meanwhile, the 2026 revenue target has been revised down to growth of 5–7% from the previous 8–10% amid economic pressures and higher fishmeal costs. The gross profit margin is expected at 17–19%, down from the earlier target of 18–20%, and selling and administrative expenses are forecast at 8–10% of sales. The company continues to invest 680 million baht this year to build a new plant in Ecuador and improve operational efficiency.
Thai Union Feedmill PCLRevenue growth target cut to 5-7% and gross margin lowered to 17-19% due to economic pressures and higher fishmeal costs.