What To Know
- Net profit growth was fueled by stronger performances in processed meat and pig farming, alongside an 83% increase in gains on fair value changes of biological assets, reaching 19.
- The company’s dedication to quality, market expansion, and sustainable practices suggests it is well-placed to withstand market fluctuations and maintain profitability, ensuring it remains a key player in Thailand’s food manufacturing industry for years to come.
Bangkok Business PR News: Robust Revenue and Profit Expansion
S. Khon Kaen Foods Public Company Limited (SORKON), one of Thailand’s leading processed meat producers, has announced an impressive performance for the first half of 2025, with revenue reaching 1,806.1 million baht, up 13.2% year-on-year, and net profit attributable to the company soaring 38.9% to 94.4 million baht. The company attributes its strong showing to steady growth across all business segments, especially in processed meat and pig farming. The second quarter alone (April–June) saw sales revenue climb 7.4% to 924.7 million baht, though net profit dipped 29.7% to 36.9 million baht due to higher selling expenses from contract changes. This Bangkok Business PR News report notes that SORKON remains committed to raising the profile of Thai cuisine, both domestically and internationally.
CEO of Domestic Business, Charanpoj Rujirasophon expounds on S. Khon Kaen Foods’s stellar performance to date
Image Credit: S. Khon Kaen Foods Public Company Limited
Key Growth Drivers Across All Segments
The processed meat business continues to be the company’s core revenue generator, accounting for 52.9% of total sales in the first half with 955.6 million baht in revenue, up 7.3% year-on-year. The popularity of fermented pork products and successful promotions under well-known brands such as S. Khon Kaen, Ban Phai, Moo Champ, Huay Kaew, Kan-Eng, and Ongtre drove this growth. New product launches further expanded consumer reach, boosting gross profit margins.
The processed seafood segment also posted healthy gains, generating 582.7 million baht, up 12%, supported by strong brand performance from Teochew, Mahachai, and Taipei. The Quick Service Restaurant (QSR) division saw a remarkable 21.4% increase to 47.8 million baht by expanding into strategic locations, shutting down unprofitable branches, and introducing buffet-style offerings.
Pig farming revenue surged by 51.2% to 219.9 million baht due to higher pig prices and increased sales volume. Improved cost controls reduced per-unit costs, further enhancing profitability. Rental and service income also edged up to 8.8 million baht, thanks to successful tenant acquisitions and better cost management.
Solid Profit Growth and Operational Strategy
Net profit growth was fueled by stronger performances in processed meat and pig farming, alongside an 83% increase in gains on fair value changes of biological assets, reaching 19.1 million baht. These factors significantly lifted overall profitability for the group. CEO of Domestic Business, Charanpoj Rujirasophon, outlined a clear roadmap for the company’s next phase:
–Elevating Thai Cuisine Globally – Innovating products rooted in Thai culinary heritage to meet global standards, while expanding exports and international distribution.
–Enhancing Customer Experience – Continuously improving product quality, service, and value across all brands to meet diverse consumer needs.
–Creating a Sustainable Value Chain – Building a fully integrated system that shares knowledge, supports sustainability, and promotes mutual growth.
–Fostering a Positive Work Culture – Attracting skilled, visionary talent and maintaining fair compensation to ensure long-term employee satisfaction.
Outlook for the Rest of the Year
SORKON’s strategy of balancing product innovation with operational efficiency positions it strongly for the remainder of 2025. By leveraging its diverse portfolio—from household-name processed meats to expanding QSR ventures—the company aims to keep driving revenue while reinforcing its brand both at home and abroad. With the pig farming sector performing exceptionally and consumer demand for its products holding steady, analysts anticipate that SORKON could sustain its upward trajectory through the second half of the year.
The company’s dedication to quality, market expansion, and sustainable practices suggests it is well-placed to withstand market fluctuations and maintain profitability, ensuring it remains a key player in Thailand’s food manufacturing industry for years to come.
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