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News: Thaifoods Group

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...

Thaifoods grasps opportunities from ASF crisis

As countries in Asia continue to deal with ASF, Thaifoods Group sees opportunities for its pig business, writes PAYUNGSAK WIRIYABUNDITKUL. For Phet Nantavisai, Executive Vice-President...

Thaifoods grasps opportunities from ASF crisis

As countries in Asia continue to deal with ASF, Thaifoods Group sees opportunities for its pig business, writes PAYUNGSAK WIRIYABUNDITKUL. For Phet Nantavisai, Executive Vice-President...

Thaifoods Group’s Q2 revenue rises 20%

Thaifoods Group (TFG) reported a total revenue of USD 262.42 million in Q2 2021, up 20.25% yoy, thanks to revenue growth in its poultry,...

Thaifoods earns better rating on revenue achievement

Tris Rating, Thailand's credit rating agency, has upgraded its rating on Thaifoods Group (TFG) to BBB from BBB-. This is in view of TFG’s financial...

Thaifoods Group’s Q1 net profit sinks 30%

Thaifoods Group (TFG) reported a net profit of USD 14.2 million in Q1 2021, down 30.55% yoy, as revenue slipped in its poultry business...

Thaifoods Group plans for new GGP farm

Thaifoods Group (TFG) plans to build a new GGP pig farm this year. It has partnered with Cooperl Arc Atlantique and established Thaifoods Nucleus...

Thaifoods to open 50 retail shops

Thaifoods Group (TFG) plans to invest USD 11.2 million to open 50 retail outlets this year, Phet Nantavisai, Executive Vice President said. The company...

Thaifoods to invest extensively in Vietnam

Thaifoods Group (TFG) plans to invest USD 19.6-23 million in PS chicken farms and a hatchery in Vietnam next year, Phet Nantavisai, Executive Vice...

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