T.A.C. Consumer Public Company Limited

T.A.C. Consumer, or TACC, has announced the establishment of a joint venture named TACC Plus Company, holding an 80% stake with an investment value of 48 million baht, together with Mrs. Worajan Thiangtham, a producer and distributor of alkaline water and Thailand's first and only water sommelier, who holds 20%. The venture aims to penetrate the natural alkaline water beverage market under the brand Eight Plus, targeting sales of 1 billion baht within 5 years and aiming to raise the revenue share from the direct-to-consumer, or B2C, business from less than 5% currently to 30% within 5 years. Ms. Tritip Sivakriskul, Co-Chief Executive Officer, stated that Eight Plus is alkaline water from a natural water source in Phanom Thuan District, Kanchanaburi Province, which has been certified by the Ministry of Natural Resources and Environment and has received quality certification from the German Water Sommelier Association. TACC will handle product distribution through 7-Eleven stores, Premium MT, 5-star hotels, and online channels, with official sales starting on October 8. The brand's presenter is the famous male actor Mark Prin, and Eight Plus alkaline water is priced at 20 baht per 500-milliliter size, compared with around 7 baht for regular drinking water and around 12 baht for mineral water. Overall, the current drinking water market has a total value of more than 60 billion baht, with regular drinking water growing about 1.9% per year, while the premium drinking water and mineral water segment grows 3.1% per year. The company also confirmed that flooding has not affected deliveries, as its inventory management system at distribution centers covers 7 to 14 days of sales.

TACC Consumer Public Company Limited, or TACC, has announced a major business restructuring plan over the next 3-5 years, aiming to raise the share of revenue from B2C channels from less than 5% currently to 30%, in order to reduce reliance on B2B revenue, which currently accounts for more than 90% of total revenue. Ms. Tritip Sivakriskul, Co-Chief Executive Officer of TACC, disclosed that the company has established TACC Plus to market the Eight Plus brand of alkaline water, a 100% natural alkaline mineral water, with a revenue target of 1 billion baht within 5 years, or during 2026-2030. The product will be launched in the fourth quarter of 2026, with revenue expected to begin being recognized from 2027 onward. The company targets breaking even within no more than 5 years and expects a return on investment, or ROI, of 15%. It will allocate approximately 28% of sales to marketing and sales promotion budgets, and plans to expand into overseas markets, especially Australia. As for first-half 2026 operating results, TACC reported total revenue of 1.32547 billion baht and net profit of 203.98 million baht, representing a net profit margin of 15.39%.

TACC has launched the Eight Plus brand of 100% natural alkaline mineral water through a joint venture model establishing TACC Plus, with Ms. Tritip Sivakriskul, Co-Chief Executive Officer of T.A.C. Consumer Public Company Limited, or TACC, setting a revenue target for the brand of 1 billion baht within 5 years, or during 2026-2030. The launch begins in the fourth quarter, with revenue expected to be recognized from next year onward. The company aims to raise the B2C market share to 30% within 3-5 years from below 5% currently, while reducing the B2B share to 70%. It also targets breaking even within no more than 5 years and expects a return on investment of 15%. Thailand's drinking water market is valued at more than 60 billion baht, growing at an average of 1.9%, of which mineral water and premium drinking water account for about 3.1 billion baht, while the alkaline water market is a niche segment making up roughly 2-3% of the premium group. The company has set a marketing and sales promotion budget at 28% of sales and plans to export to Oceania, particularly Australia. As for the flood situation, TACC confirmed that logistics are unaffected, as it has stocked 7-14 days of inventory in advance at distribution centers.

MGC shares have deepened their one-month decline, falling 23%, with brokers saying this fully reflects concerns over the 50% import tax on EV cars. Meanwhile, the government is structuring a three-tier tax framework, with fully imported vehicles expected to be taxed at 30%, and the assessment of XPENG's plan to build a factory is seen as supporting an overall positive long-term outlook for MGC. ORN, meanwhile, is pushing ahead with generating recurring income through The Backyard Phuket, a new lifestyle community mall in the heart of Thalang district in Phuket province, valued at 290 million baht, with construction expected to be completed in the first quarter of 2027. TACC has launched its new Signature Herbal Refresh formula, available at All Select in 7-Eleven stores nationwide from today until November 3. TFMAMA's board has resolved to take a 4.94% stake in E-Commerce Digital AI Thai Holding Public Company Limited, valued at 200 million baht, aiming to connect partners within the Saha Group network and the retail sector. Ekniti is preparing to propose to the Cabinet an extension of the Thai Help Thai Plus Phase 2 program, extending it by another two months, from October to November, keeping the same 60/40 formula, and using funds from those who waived their rights in the first phase to top up so that people receive more than 500 baht per month, after the first loan tranche was left with only 40 billion baht.

TACC has launched its new Signature Herbal Refresh menu to boost second-half sales. Chatchawee Wattanasuk, Chief Executive Officer of T.A. Consumer Public Company Limited, or TACC, said the company places consistent emphasis on developing new menus to create variety and offer more choices to consumers. The menu blends the intensity of an Americano with All Select's proprietary orange juice formula, adding a fizzy lift for a fragrant, sweet-and-sour, refreshing taste that is easy to drink. It is on sale starting today at 7-ELEVEN stores nationwide that carry All Select. Chatchawee said that bringing new products and flavors into the portfolio will give consumers more choices and make the sales channel more appealing, while also supporting sales growth over the remainder of the year.

Phetchsrivichai Enterprise Public Company Limited, or PCE, reported second-quarter 2026 net profit up 59.5%, driven by higher revenue recognition from value-added products, especially biodiesel (B100) and refined bleached deodorized palm oil (RBDPO), along with strong cost control. Executive Pornpipat Prasitsupaphol said that in the second half of 2026 the company will push into the production and sale of biodiesel (B100) to serve domestic consumption under government policy, and will expand its edible palm oil production plant, expected to be completed in the fourth quarter of 2026, to capture high growth opportunities in the food industry. Meanwhile, T.A.C. Consumer Public Company Limited, or TACC, is pressing ahead in the beverage market with two new "pang yen" menu items, matcha green tea pang yen and Thai tea pang yen, to be sold at All Cafe outlets in 7-Eleven stores nationwide from August 13, 2026. Executive Chatchavee Wattanasuk expressed confidence that the new products will be well received and will help drive 2026 revenue growth of more than 10% in line with the target. Thai Reinsurance Public Company Limited, or THREL, reported second-quarter 2026 net profit surging 239% to 32 million baht, with reinsurance premiums received up 6% to 1,112 million baht and insurance operating profit jumping 69% to 59 million baht, pushing its combined ratio down to 88.8%. Chief Executive Wipol Vorasahut said he is confident 2026 results will swing back to profit as targeted. Infraset Public Company Limited, or INSET, reported second-quarter 2026 earnings of 63.66 million baht, up 652.33% from the same period a year earlier, reflecting continued growth in its data center and cloud businesses. Its board approved an interim cash dividend of 0.05 baht per share, with payment set for September 9, 2026. Managing Director Sakbovorn Pukkanasut said the outlook for the second half is bright and that the company will bid for more than 5 billion baht in new work. Euroasia Total Logistics Public Company Limited, or ETL, reported first-half 2026 service revenue of 1,083 million baht, an increase of 227.4 million baht, or 27%, from the same period a year earlier, with gross profit tripling on continued growth in trip volumes, supported by imports of electronics and data center goods and the relocation of manufacturing bases within ASEAN, according to executive Thanet Mekhintarangkoon.

T.A.C. Consumer Public Company Limited, or TACC, is awaiting approval of the criteria to move its trading to the Stock Exchange of Thailand, or SET, with a minimum shareholders' equity requirement of 800 million baht, compared with 858 million baht as of the second quarter of 2026, and will consider paying an interim dividend after the move. The research division of Krungsri Securities Public Company Limited maintains its full-year payout ratio assumption at 85%, the same as the previous year, equivalent to a dividend of 0.50 baht per share, giving a dividend yield of about 7.6%. In a worst-case scenario, however, if the company chooses to maintain minimum shareholders' equity of 800 million baht every quarter, the 2026 dividend would fall to about 0.35 baht per share, a payout ratio of 59% and a dividend yield of about 5.2%. As for the earnings outlook for the second half of 2026, the research division expects it to be close to its forecast, with profit still growing compared with the same period last year but declining from the first half, and it expects the third quarter of 2026 to still have a chance of growing from the previous quarter, driven by both the 7-Eleven channel and the Thai coffee brand, as well as additional new product launches. On new products, the company plans to launch alkaline water under the EIGHT PLUS brand in late the fourth quarter of 2026, with TACC holding an 80% stake in the business and recognizing revenue from sales, while the remaining 20% is held by a partner that is a manufacturer. It will offer a variety of sizes, from small 250-milliliter bottles up to 1.5-liter sizes, about six to seven SKUs in total, in both PET and glass bottles. The company has not yet set a revenue target for the alkaline water business, while the overall alkaline water market is worth about 1.5 billion baht a year and is growing at a high rate, with ICHI one of the major players in the market and targeting alkaline water revenue of about 1.2 billion baht. The research division has a neutral view on the matter, expecting the alkaline water product to have a margin close to the previous average of about 30-35%, and it maintains its 2026 normal profit forecast at 360 million baht, up 13% year on year, while keeping its buy recommendation and a 2027 target price of 7.40 baht based on a P/E of 11 times, while the stock trades at a 2026 P/E of about 11.2 times, or -1.3 standard deviations, and is expected to offer a high dividend yield of about 7.6%.

T.A.C. Consumer Public Company Limited (TACC) signals continued growth in the second half of 2026, adjusting its full-year revenue target to growth of more than 10% from the previous year, supported by new product development with key partner 7-Eleven, expansion of both B2B and B2C customer bases, and efficient cost management. Meanwhile, the company has invested in Betterbeam Food Company Limited, owner of the Thai tea brand "Chan Ja Gin Cha Yen Thook Wan" (I will drink iced tea every day), acquiring a 30% stake for 45 million baht to create a New S-Curve and expand into the B2C market, part of its long-term growth strategy. In addition to this investment, TACC is also looking for merger and acquisition (M&A) opportunities and joint ventures (JV) that can create synergies with its existing business. Mr. Chatchavee Wattanasuk, Chief Executive Officer, believes the second half of the year remains promising, and expanding cooperation with 7-Eleven internationally is another channel to increase market size and generate new revenue in the future.

TACC has launched the "Yuzu Series" under All Café, featuring two new menus: "Iced Matcha Yuzu Soda" and "Iced Americano Yuzu Soda," using the SHIBORI yuzu variety from Japan. They will be available at 7-Eleven stores nationwide from September 3 to November 4, 2026, to complement the Non-Coffee Menu and boost sales in the second half of the year. The company maintains its 2026 revenue growth target of over 10% from the previous year and continues to expand through M&A and JV, such as investing 45 million baht in Betterbeam Food, owner of the brand "I Will Drink Iced Tea Every Day," for a 30% stake, to create a new S-curve in the B2C segment.

T.A.C. Consumer Public Company Limited (TACC) has announced its revenue target for 2026, aiming for growth of more than 10% from the previous year. The second half of the year shows promising signs driven by both B2B and B2C channels, particularly through product development with 7-Eleven in Thailand and abroad, as well as the expansion of its Cafe Business and investment in Betterbeam Food Company Limited, the owner of the Thai tea brand "I will drink iced tea every day," with a 30% stake valued at 45 million baht. This move aims to further penetrate the B2C market and create a new S-Curve. The company is also seeking additional investment opportunities through M&A and JV to create synergies with its core business. Management is confident that these strategies will drive revenue growth of more than 10% this year and lay the foundation for long-term growth.

TACC or T.A. Consumer Public Company Limited announced its business plan for the second half of 2026 remains bright, and has revised its 2026 revenue target to growth of more than 10%, from the previous Double Digit level, after seeing better trends. Mr. Chatchavee Wattanasuk, Chief Executive Officer, revealed that the company will continue to develop new menus with 7-Eleven both domestically and internationally, as well as expand its B2B and B2C customer base. Meanwhile, it has invested 45 million baht in Betterbeam Food Company Limited, the owner of the Thai tea brand "I will drink iced tea every day," for a 30% stake, to create a New S-Curve and is also looking for additional M&A and JV opportunities. In the second quarter of 2026, the company reported revenue of 682.8 million baht, up 18.2%, and net profit of 104.3 million baht, up 31.9%. For the first six months, revenue was 1,321.5 million baht, up 19.3%, and net profit was 204.0 million baht, up 34.1%.

T.A.C. Consumer Public Company Limited (TACC) has established a new subsidiary named TACC Plus Company Limited with registered capital of 10 million baht to support business expansion and increase revenue sources. TACC holds 79.98% of the shares and expects to start recognizing commercial revenue from the fourth quarter of 2026 onwards. The subsidiary will operate as a distributor of drinking water and beverages, with funding coming from the company's working capital, and it is not considered a connected transaction.

T.A.C. Consumer Public Company Limited, or TACC, has announced an investment of 45 million baht for a 30% stake in Better Beam Food Company Limited, owner of the Thai tea chain "Chan Ja Kin Cha Yen Tuk Wan," which currently has 27 branches. Brokers view the transaction as neutral to slightly positive, as it expands the business into the B2C segment outside 7-Eleven and builds on the company's core business, while the actual operating performance of the invested business cannot yet be clearly assessed. They maintain a "buy" recommendation and a 2027 target price of 7.40 baht, based on a P/E of 11 times. The investment values Better Beam Food at 150 million baht, while the company had revenue of about 140 million baht in 2025 from 27 branches. Compared with other operators such as Bearhouse, which has 76 branches and sales of 517 million baht, and Karun, which has about 15 branches and sales of 141 million baht, average sales per branch per month are similar at about 0.5 to 0.6 million baht. Compared with net profit margins of beverage business operators of around 10 to 14 percent, the business is expected to earn about 14 to 20 million baht, implying a purchase price of about 8 to 11 times P/E, which is close to TACC's current valuation. The investment is expected to use cash flow from operations, supported by the company's strong cash position of about 500 million baht. Brokers see this investment as a positive strategy to diversify revenue into B2C businesses outside 7-Eleven, which currently account for 15% of total revenue. TACC will be able to enter the B2C market through businesses aligned with its core business, namely tea and coffee, while "Chan Ja Kin Cha Yen Tuk Wan," which has operated for only four years and is still in a rapid expansion phase, will benefit from TACC's strengths in R&D, supply chain, and procurement. In the short term, the tea chain still has growth potential from rapid branch expansion. Compared with competitors such as Bearhouse with 76 branches, Karun with 17 branches, and Cha Tra Mue with more than 100 branches, TACC also has opportunities to test overseas expansion in the future. However, near-term earnings upside remains limited, with profit expected to increase by less than 1% in 2026 and about 1.5% in 2027. Brokers maintain their 2026-2027 profit forecasts for TACC at 360 million baht and 407 million baht, up 13% year on year in both years. The key risk of the transaction is the long-term sustainability of the brand, while they maintain a "buy" recommendation and a 2027 target price of 7.40 baht, based on a P/E of 11 times. The stock currently trades at a 2026 P/E of about 11.2 times, or -1.3 standard deviations, and is expected to offer a dividend yield as high as 7.6%.

TACC has joined with partners to invest in Betterbeam Food Company Limited, the owner of the popular Thai tea brand "Chan Ja Kin Cha Yen Tuk Wan," taking a 30% stake to build on its core business and elevate the growing Thai tea beverage industry. Co-CEO Traitip Sivakriskul said this strategic investment aims to jointly develop Thai tea beverages and innovations to an international level, create strong growth, expand business opportunities, and deliver shared value to consumers, partners, investors, and all stakeholders over the long term.

T.A.C. Consumer, or TACC, is preparing to launch a new menu item called chilled bread, available at All Café in every 7-Eleven branch nationwide starting 13 August 2026. Chief Executive Officer Chatchawee Wattanasuk said the new menu comes in two flavours: matcha green tea chilled bread and Thai tea chilled bread. He believes it will boost activity in the non-coffee menu segment and support sales in the second half of the year. The company has revised its 2026 revenue growth target to more than 10 percent, up from an earlier double-digit growth target, after seeing business trends come in better than expected. Growth is being driven by the B2B segment, which continues to develop menu items with 7-Eleven, and the B2C segment, which is expanding its customer base and business opportunities both domestically and internationally. The company is also building on its license business and looking for new opportunities through mergers and acquisitions and joint ventures to create new growth engines for the future.

Several mid- and small-cap companies reported second-quarter net profit growth exceeding 10%. ASW posted a profit of 562 million baht, up from 198 million baht a year earlier, on revenue of 3.53 billion baht, with a backlog of 38 billion baht. TACC earned 104 million baht, growing 32% from 79 million baht. 2S reported a profit of 227 million baht, up from 75 million baht, and announced an interim dividend of 0.12 baht per share. TKS posted a profit of 128 million baht, up 28%. Meanwhile, SMT edged lower to close at 5.30 baht on sell-on-fact pressure, and EA closed at 3.06 baht, up 6.25%, marking its first sharp gain in three weeks.

TACC reported second-quarter 2026 net profit of 104.3 million baht, up 31.9% from the same period last year, with sales revenue of 682.8 million baht, an increase of 18.2%, driven by new product development with 7-Eleven and expansion of its B2B and B2C customer base. For the first six months of 2026, total revenue reached 1.32 billion baht, up 19.3%, and net profit was 204 million baht, up 34.1%. The company plans to continue launching new products in the second half of the year, along with a corporate rebranding and investment deal negotiations to create a new S-curve, which is expected to become clear soon.

Krungsri Securities Public Company Limited stated that TACC reported a record net profit for the second quarter of 2026 of 104 million baht, up 32 percent from a year earlier and 5 percent from the previous quarter. Revenue came in at 683 million baht, rising 18 percent year-on-year and 7 percent quarter-on-quarter, supported by hot weather, growth at 7-Eleven stores and Punthai Coffee, as well as the matcha green tea and Thai tea trend launched in mid-2025. Despite one-time expenses, the selling and administrative expense-to-revenue ratio fell to 12.9 percent, while the gross margin remained broadly stable at 31.9 percent. The research team expects second-half 2026 profit to still grow year-on-year but decline from the first half on seasonal factors, and forecasts full-year 2026 profit to increase 13 percent from the prior year. Key drivers include the onset of El Niño late in the third quarter of 2026, the opening of 700 new 7-Eleven branches per year and 800 new Punthai Coffee shops per year, as well as a new investment plan in a subsidiary worth 8 million baht in which TACC holds an 80 percent stake, and an associated company currently under contract. The research team has rolled forward its target price to 2027 at 7.4 baht, based on a price-to-earnings ratio of 11 times, and recommends a buy. A sentiment risk is share sales by management.

T.A.C. Consumer Public Company Limited, or TACC, has announced plans to transfer its shares from the Market for Alternative Investment, or mai, to the Stock Exchange of Thailand, or SET, and has appointed Miss Traitip Sivakriskul as Co-Chief Executive Officer, effective 16 July 2026. The market move aims to broaden the investor base and enhance liquidity, while the Co-CEO appointment reflects the establishment of a management structure to support long-term growth. Securities firm Pie sees the SET listing as a positive factor for the stock, and the allocation of treasury shares to employees helps ease supply pressure in the market. TACC's core business continues to be supported by its partnerships with 7-Eleven and Punthai Coffee, with second-quarter 2026 earnings likely to hit a new record high, driven by hot weather and new product launches.

Analysts at Pie Securities forecast that TACC's net profit in the second quarter of 2026 will reach a new high of 104 million baht, up 31 percent from the same period last year and up 4 percent from the previous quarter, driven by the summer season and the continued expansion of 7-Eleven and Punthai Coffee branches. Revenue is expected to come in at 664 million baht, up 15 percent year-on-year and up 4 percent quarter-on-quarter. The average temperature in Bangkok during the second quarter of 2026 reached 30.1 degrees Celsius, compared with 28.0 degrees in the first quarter of 2026, and new products continue to be launched in collaboration with 7-Eleven. If net profit meets expectations, first-half profit will account for more than 61 percent of full-year profit. The analysts have therefore raised their full-year 2026 profit estimate by 8 percent to 361 million baht, while maintaining a buy recommendation and adjusting the target price to 7.10 baht.

The board of TACC has approved filing to transfer its securities from the Market for Alternative Investment to the Stock Exchange of Thailand. The company is currently preparing documents and awaiting the Stock Exchange's consideration. The meeting also approved a change in the method of selling treasury shares, from the original plan of offering them via automatic matching on the Stock Exchange's trading system to first offering them to directors and employees, with any remaining shares then sold through the Stock Exchange's trading system. This reflects prudent and transparent capital management. In addition, the board appointed Miss Traitip Sivakriskul as Co-Chief Executive Officer, effective from 16 July 2026, to strengthen the management team in support of future business expansion.

The board of TACC has approved the transfer of its securities from the Market for Alternative Investment to the Stock Exchange of Thailand, along with the appointment of Khun Traithip Sivakriskul as Co-CEO, effective July 16. The company will also change the method of disposing of 8 million treasury shares to an offering to directors and employees. Meanwhile, UNIX is investing over 100 million baht in new machinery to support the film industry and expand into overseas markets such as Japan, the Philippines, India, and the Middle East, under a sustainable growth approach. In addition, a joint venture consortium led by TEAMG has secured a construction supervision contract for the Light Red Line suburban railway project, covering the Siriraj–Taling Chan–Salaya section and three additional stations, with a total contract value of 392 million baht. TEAMG holds a 66 percent stake, equivalent to 258 million baht, and the project is targeted to open for service by 2029.

TACC has begun selling a butterfly pea honey lemon beverage under the 7-Select brand at 7-Eleven stores equipped with 7-Select dispensers nationwide, from today until 2 September 2026. This is one of the menu items the company co-developed with 7-Eleven as a strategic partner to create novelty and expand the customer base. The drink stands out with its natural colour from butterfly pea flowers, combined with the fragrant sweetness of honey and the tangy taste of lemon, delivering a well-rounded flavour and a refreshing boost perfect for hot weather. The return of this popular menu item is expected to support revenue growth in the second half of 2026.