← Thai Coconut overview

Thai Coconut vs Srinanaporn Marketing: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Thai Coconut Public Company Limited (COCOCO.BK)

Q3 2026
▲3▼1

COCOCO: profit surge and Philippine plant offset US tariff drag

  • US 12.5% tariff on Thai goods pressures exports The US imposed a 12.5% tariff on Thai imports, and COCOCO earns about 19% of revenue from the US. That makes its coconut products more expensive there and can slow orders. The hit is softened because buyers already absorbed a bigger 19% tariff before, and the new Philippine factory will soon make goods for the US from a country with a better tax deal.

    This is the main force pushing COCOCO's price down this period.

  • Q2 and first-half profit jump on lower coconut costs COCOCO's second-quarter profit rose 58.5% from a year earlier to 122.6 million baht, and first-half profit climbed 44% to 205 million baht. The gain came from strong coconut milk and pet food sales in the US and Europe, cheaper coconuts, and better pricing. Higher profit makes the stock more attractive and supports the price.

    Strong earnings are the biggest positive driver for the stock.

  • Yuanta keeps Buy and 8 baht target, sees 142.6% profit jump Yuanta Securities maintained its Buy rating and 8.00 baht fair value, expecting 2026 profit to surge 142.6% to 544 million baht. It cited the export high season, a heatwave boosting drink demand, full 7-Eleven sales, and falling coconut costs. A broker's strong outlook often pulls buyers in and lifts the price.

    Analyst backing gives a clear positive signal for the stock.

  • Philippine plant to cut costs and open Europe, US deals COCOCO is building a factory in the Philippines, set to start production by early 2027. Philippine coconuts cost about 20% less than Thai ones, and the plant can sell to Europe under a free trade deal. It also helps avoid US tariffs. This long-term plan supports the stock by promising cheaper output and more customers.

    The new plant is a key structural positive that offsets tariff risk.

August 2026
▲3▼1

COCOCO: profit surge and Philippine plant offset US tariff drag

  • US 12.5% tariff on Thai goods pressures exports The US imposed a 12.5% tariff on Thai imports, and COCOCO earns about 19% of revenue from the US. That makes its coconut products more expensive there and can slow orders. The hit is softened because buyers already absorbed a bigger 19% tariff before, and the new Philippine factory will soon make goods for the US from a country with a better tax deal.

    This is the main force pushing COCOCO's price down this period.

  • Q2 and first-half profit jump on lower coconut costs COCOCO's second-quarter profit rose 58.5% from a year earlier to 122.6 million baht, and first-half profit climbed 44% to 205 million baht. The gain came from strong coconut milk and pet food sales in the US and Europe, cheaper coconuts, and better pricing. Higher profit makes the stock more attractive and supports the price.

    Strong earnings are the biggest positive driver for the stock.

  • Yuanta keeps Buy and 8 baht target, sees 142.6% profit jump Yuanta Securities maintained its Buy rating and 8.00 baht fair value, expecting 2026 profit to surge 142.6% to 544 million baht. It cited the export high season, a heatwave boosting drink demand, full 7-Eleven sales, and falling coconut costs. A broker's strong outlook often pulls buyers in and lifts the price.

    Analyst backing gives a clear positive signal for the stock.

  • Philippine plant to cut costs and open Europe, US deals COCOCO is building a factory in the Philippines, set to start production by early 2027. Philippine coconuts cost about 20% less than Thai ones, and the plant can sell to Europe under a free trade deal. It also helps avoid US tariffs. This long-term plan supports the stock by promising cheaper output and more customers.

    The new plant is a key structural positive that offsets tariff risk.

Latest
▲3▼1

COCOCO: profit surge and Philippine plant offset US tariff drag

  • US 12.5% tariff on Thai goods pressures exports The US imposed a 12.5% tariff on Thai imports, and COCOCO earns about 19% of revenue from the US. That makes its coconut products more expensive there and can slow orders. The hit is softened because buyers already absorbed a bigger 19% tariff before, and the new Philippine factory will soon make goods for the US from a country with a better tax deal.

    This is the main force pushing COCOCO's price down this period.

  • Q2 and first-half profit jump on lower coconut costs COCOCO's second-quarter profit rose 58.5% from a year earlier to 122.6 million baht, and first-half profit climbed 44% to 205 million baht. The gain came from strong coconut milk and pet food sales in the US and Europe, cheaper coconuts, and better pricing. Higher profit makes the stock more attractive and supports the price.

    Strong earnings are the biggest positive driver for the stock.

  • Yuanta keeps Buy and 8 baht target, sees 142.6% profit jump Yuanta Securities maintained its Buy rating and 8.00 baht fair value, expecting 2026 profit to surge 142.6% to 544 million baht. It cited the export high season, a heatwave boosting drink demand, full 7-Eleven sales, and falling coconut costs. A broker's strong outlook often pulls buyers in and lifts the price.

    Analyst backing gives a clear positive signal for the stock.

  • Philippine plant to cut costs and open Europe, US deals COCOCO is building a factory in the Philippines, set to start production by early 2027. Philippine coconuts cost about 20% less than Thai ones, and the plant can sell to Europe under a free trade deal. It also helps avoid US tariffs. This long-term plan supports the stock by promising cheaper output and more customers.

    The new plant is a key structural positive that offsets tariff risk.

Srinanaporn Marketing Public Company Limited (SNNP.BK)

Q3 2026
▲3▼1

SNNP's profit has bottomed out; recovery, stimulus and new products drive gains

  • Profit trough passed, brokers raise targets Brokers say SNNP's profit bottomed in early 2026 and is now recovering. Q2 profit of 69.8 million baht rose 23% from the prior quarter, helped by Vietnam sales and steady 26% gross margin. Several houses upgraded to buy with targets of 8-9 baht, lifting the shares.

    This is the core reason the stock is moving: earnings have stopped falling and analysts have turned positive.

  • New products and brand tie-ups broaden sales SNNP launched Jele Chewy fruit-tea jelly with Kamu Kamu, a sports jelly with Alpine, and a new Bento ad campaign. These push into younger and health-focused buyers, and the Jele tie-up got a better-than-expected response, prompting restocking and supporting sales into the high season.

    New products and partnerships are a main growth engine behind the expected revenue recovery.

  • Government stimulus and Vietnam growth lift demand Thailand's Thai Help Thai Plus Phase 2 gives 1,000 baht of co-payment spending in October-November, and SNNP earns about 70-79% of revenue at home, so it benefits. Vietnam's economy grew 9.95% in Q3, and SNNP's Vietnam revenue is expected to rise 17% this year.

    These are the demand-side forces expected to drive the second-half recovery.

  • Factory fire adds supply risk A fire hit SNNP's Bento snack building on 9 October. No one was hurt and insurance should cover the damage, but output is disrupted. The company has about one month of inventory and can use its Vietnam plant, so the revenue hit is seen as limited.

    This is the main counterweight to the positive recovery story and a real risk to near-term supply.

August 2026
▲3▼1

SNNP's profit has bottomed out; recovery, stimulus and new products drive gains

  • Profit trough passed, brokers raise targets Brokers say SNNP's profit bottomed in early 2026 and is now recovering. Q2 profit of 69.8 million baht rose 23% from the prior quarter, helped by Vietnam sales and steady 26% gross margin. Several houses upgraded to buy with targets of 8-9 baht, lifting the shares.

    This is the core reason the stock is moving: earnings have stopped falling and analysts have turned positive.

  • New products and brand tie-ups broaden sales SNNP launched Jele Chewy fruit-tea jelly with Kamu Kamu, a sports jelly with Alpine, and a new Bento ad campaign. These push into younger and health-focused buyers, and the Jele tie-up got a better-than-expected response, prompting restocking and supporting sales into the high season.

    New products and partnerships are a main growth engine behind the expected revenue recovery.

  • Government stimulus and Vietnam growth lift demand Thailand's Thai Help Thai Plus Phase 2 gives 1,000 baht of co-payment spending in October-November, and SNNP earns about 70-79% of revenue at home, so it benefits. Vietnam's economy grew 9.95% in Q3, and SNNP's Vietnam revenue is expected to rise 17% this year.

    These are the demand-side forces expected to drive the second-half recovery.

  • Factory fire adds supply risk A fire hit SNNP's Bento snack building on 9 October. No one was hurt and insurance should cover the damage, but output is disrupted. The company has about one month of inventory and can use its Vietnam plant, so the revenue hit is seen as limited.

    This is the main counterweight to the positive recovery story and a real risk to near-term supply.

Latest
▲3▼1

SNNP's profit has bottomed out; recovery, stimulus and new products drive gains

  • Profit trough passed, brokers raise targets Brokers say SNNP's profit bottomed in early 2026 and is now recovering. Q2 profit of 69.8 million baht rose 23% from the prior quarter, helped by Vietnam sales and steady 26% gross margin. Several houses upgraded to buy with targets of 8-9 baht, lifting the shares.

    This is the core reason the stock is moving: earnings have stopped falling and analysts have turned positive.

  • New products and brand tie-ups broaden sales SNNP launched Jele Chewy fruit-tea jelly with Kamu Kamu, a sports jelly with Alpine, and a new Bento ad campaign. These push into younger and health-focused buyers, and the Jele tie-up got a better-than-expected response, prompting restocking and supporting sales into the high season.

    New products and partnerships are a main growth engine behind the expected revenue recovery.

  • Government stimulus and Vietnam growth lift demand Thailand's Thai Help Thai Plus Phase 2 gives 1,000 baht of co-payment spending in October-November, and SNNP earns about 70-79% of revenue at home, so it benefits. Vietnam's economy grew 9.95% in Q3, and SNNP's Vietnam revenue is expected to rise 17% this year.

    These are the demand-side forces expected to drive the second-half recovery.

  • Factory fire adds supply risk A fire hit SNNP's Bento snack building on 9 October. No one was hurt and insurance should cover the damage, but output is disrupted. The company has about one month of inventory and can use its Vietnam plant, so the revenue hit is seen as limited.

    This is the main counterweight to the positive recovery story and a real risk to near-term supply.