RBF's overseas growth and China plant drive profit surge
Q2 profit jumps 66% on overseas sales RBF's second-quarter profit rose 66% to 161 million baht, beating forecasts. Overseas sales grew nearly 20%, especially in Asia, offsetting flat domestic sales. This shows the company's expansion is paying off and boosts investor confidence.
This is the key earnings result that confirms the growth story and directly supports the stock price.
China factory on track for 2027 start RBF is investing 150 million baht in a breadcrumbs and premix factory in Qingdao, China, set to open in 2027. This expands its food coating business and opens a new long-term growth market, which analysts see as a positive driver.
The China expansion is a major new growth initiative that supports future revenue and profit.
Government stimulus boosts domestic orders Thailand's Thai Chai Thai Plus program has been extended to November 2026, supporting demand from food operators. RBF expects this to lift order volumes in the second half, helping offset a slowing domestic economy.
The stimulus extension is a fresh demand catalyst that directly benefits RBF's sales.
Analysts raise targets on strong overseas growth Yuanta and Finansia Syrus maintain buy ratings with targets up to 6.80 baht, citing over 20% growth in Indonesia, Vietnam, and India. RBF was also named a top small-cap pick, reflecting confidence in continued earnings momentum.
Analyst upgrades and positive sector picks often attract investors and push the stock price higher.