KCG has reported its strong Q1/2026 performance, posting a net profit of THB 154.6 million, representing an increase of 26.5% YoY. The robust profit growth was driven by total sales of THB 2,187.8 million which went up 7.4% YoY in line with the Company target. The impressive operating results were also supported by effective production costs and operational expenses. KCG expects the impact from the Middle East situation to remain limited.
Mr. Damrongchai Vipawatanakul, Chief Executive Officer and Managing Director of KCG Corporation Public Company Limited (KCG), a leader in food products for modern lifestyles in Thailand, reported its Q1/2026 operating results, achieving sales of THB 2,187.8 million, an increase of 7.4% YoY, and a net profit of THB 154.6 million, up 26.5% YoY, supported by healthy demand in both domestic and international markets. Sales increased across all distribution channels and all product categories. Biscuit sales also returned to growth after declining in 2025, following changes in the distribution strategy in the modern trade channel. Meanwhile, improved production efficiency and effective cost management continued to support strong profit growth in Q1/2026.
(Mr. Damrongchai Vipawatanakul, Chief Executive Officer and Managing Director of KCG Corporation Public Company Limited)
The conflict between the U.S.–Israel and Iran, which began on 28 February 2026, has affected global supply chains and production costs. However, it has not yet impacted on the Company’s operating performance in Q1/2026. Nevertheless, some impacts are expected in Q2/2026, primarily from higher plastic-related packaging costs and increased transportation expenses. In response, the Company has partially locked in prices for plastic-related packaging and is working closely with suppliers to ensure sufficient and uninterrupted supply of products and packaging materials. In addition, the Company closely monitors developments, assesses potential impacts, and implements prudent cost management strategies to mitigate risks and maintain sustainable business operations. Meanwhile, raw material costs in Q2/2026 are expected to remain relatively stable compared to Q1/2026, while the average raw material costs for the full year 2026 are also expected to be relatively stable compared to 2025. Therefore, the Company expects that gross margin this year will not face significant pressure from raw material costs.
The Company has elevated sustainable development to a core corporate strategy, with objectives to achieve sustainable business growth alongside good corporate governance. Through continuous advancement in innovation and technology, the Company aims to develop health-conscious products and services that reinforce its position as Thailand’s leading provider of modern lifestyle food products. Since the beginning of 2026, the Company’s key sustainability achievements included the following: (1) The Company was certified as a member of the Thai Private Sector Collective Action Against Corruption (CAC) for the first time on 31 March 2026; (2) Participated in the 5th Circular Economy Project organized by the Department of Primary Industries and Mines (DPIM), Ministry of Industry, to enhance the application of circular economy principles within the organization; and (3) Participated in the Social Impact Footprint (SIF) Assessment Project organized by the Thaipat Institute to evaluate social impacts through the Social Impact Footprint framework. Furthermore, the Company has participated in the Listed Company Value Creation Support Program (JUMP+) and has already disseminated and presented its JUMP+ plan through the Stock Exchange of Thailand’s platform in March 2026. The Company's JUMP+ plan comprises Business Plan, Governance Plan, and Climate Action Plan during 2026–2028, with a net profit target of THB 750–800 million in 2028, Mr. Damrongchai concluded.