i-Tail Corporation Reports Strong Q3 2026 Growth
i-Tail Corporation announced its strongest quarterly performance of 2026, driven by significant sales growth in the US market and increased pet food production.
According to a report from Khaosod Online, i-Tail Corporation (ITC) has announced its financial results for the third quarter of 2026, marking its most robust performance of the year. CEO Roy Chan stated that the company achieved sales of 5.177 billion baht, representing a 9.7% increase compared to the same period last year. In US dollar terms, sales grew by 11.2% to reach 160 million dollars, while the total volume of pet food sold rose by 11.4% to 31,376 tons.
The company’s gross profit margin remained strong at 25.0%, with gross profits totaling 1.292 billion baht, a 7.7% increase year-on-year. This growth is attributed to high customer demand, successful expansion efforts in the United States, and the introduction of new products. Operational efficiency improvements under the company's transformation program and a favorable shift toward premium product segments also contributed to these results, despite additional costs incurred during the quarter, such as those related to recent acquisitions.
For residents and investors, these figures highlight the continued strength of Thailand's pet food export sector. While the company’s financial health appears stable, observers are waiting to see how the integration of recent acquisitions will impact long-term operational costs and future profit margins in the coming quarters.
