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News: Thaifoods Group

BFQC addresses cassava use in broiler diets

Should cassava be used in broiler diets? Patrapan Rungcharoen, Head Nutritionist for poultry and swine at Thaifoods Group, will discuss the right time to...

BFQC addresses cassava use in broiler diets

Should cassava be used in broiler diets? Patrapan Rungcharoen, Head Nutritionist for poultry and swine at Thaifoods Group, will discuss the right time to...

Thaifoods’ Q3 2022 revenue rises 74%

Thailand’s Thaifoods Group posted a revenue of USD 411 million in Q3 2022, up 74.5% yoy, on higher revenues from its poultry, swine, feed,...

Thaifoods expects growth in chicken exports

Thailand’s Thaifoods Group (TFG) will increase its chicken production capacity by 10% to about 450,000 tons/year in 2023, up from 380,000 tons/year to serve...

Thaifoods raises revenue outlook

Thailand’s Thaifoods Group has raised its revenue forecast for 2022 to a 20-25% rise, up from 15% previously, backed by strong demand and higher...

Thaifoods targets 15-20% revenue growth

Thaifoods Group (TFG) expects its revenue to grow by 15-20% this year, supported by higher pork and chicken prices, an easing of Covid-19 measures,...

Poultry, swine boost Thaifoods’ Q2 revenue

Thaifoods Group (TFG) reported a revenue of USD 353 million in Q2 2022, up 42.7% yoy, on higher revenues from its poultry, swine, and...

Feed, poultry boost TFG’s 2021 revenue by 11%

Thaifoods Group (TFG) posted a revenue of USD 1.1 billion in 2021, up 11.4% year-on-year (yoy), backed by higher revenues from its feed, poultry,...

Thaifoods to double pig production in Vietnam in 2022

Thaifoods Group (TFG) will double its breeder pig herd in Vietnam to 50,000 heads in 2022. These will be raised in Binh Phuoc province. TFG...

Thaifoods plans to open 115 retail shops next year

Thaifoods Group (TFG) will invest about USD 30 million to open 115 retail outlets in 2022. Currently, it has 85 Thaifoods Fresh Market. TFG...

Thaifoods to expand its pig business in Thailand

Thaifoods Group (TFG) will spend USD 75 million to build its pig business with three PS farms with a combined capacity of 15,000 heads...

Thaifoods and DHL in delivery partnership

Thaifoods Group (TFG) has appointed DHL Supply Chain Thailand (DHL) to manage the distribution of its pork, chicken, and processed food products. From TFG’s...

Thaifoods Group launches social bond to fund projects

Thailand’s Thaifoods Group (TFG) has launched the first social bond issued by a non-financial corporate issuer. It sold the bond, totaling USD 30.5 million...

Slaughterhouse closure contributes to Thaifoods loss in Q3

Thailand’s Thaifoods Group reported a net loss of USD 13.9 million in Q3 2021, hurt by the temporary closure of its chicken slaughterhouse in...

Thaifoods to implement digital technology at GGP farm

Thailand’s Thaifoods Nucleus Genetics (TFNG) will introduce RFID technology at its new GGP farm that will start operating in March 2022. TFNG, a joint...

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