1. Thailand Stocks

  2. •

    Process industries

  3. •

    Agricultural commodities/Milling
Thai Ha Public Co. Ltd.

Thai Ha Public Co. Ltd.

0.59
THB
0.00
(0.00%)
-0.22EPS
208.97MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.63
5.07
4.31
4.66
4.76
4.22
3.11
2.19
1.93
1.68
1.72
1.35
1.09
0.99
Basic EPS, GAAP
-0.21
-0.3
- -
-0.04
0.04
0.06
-0.11
-0.08
-0.25
-0.1
-0.29
-0.21
-0.24
-0.22
Free Cash Flow per Basic Share
0.15
-0.07
-0.11
0.21
0.02
- -
0.27
-0.07
-0.37
0.01
-0.2
-0.08
-0.03
-0.05
Dividend per Share
- -
- -
- -
- -
- -
- -
0.04
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.08
1.04
1.26
1.22
1.26
1.32
1.17
1.08
0.85
1.42
1.12
1.02
0.76
0.7
Tangible Book Value per Share
1.01
0.98
1.21
1.18
1.22
1.29
1.15
0.97
0.75
1.33
1.03
0.95
0.7
0.66
Basic Weighted Avg Shares
230
226
271
278
278
278
278
278
278
278
278
278
278
286
Sales/Revenue/Turnover
1,064
1,147
1,167
1,295
1,324
1,172
865
609
536
468
477
377
302
284
Operating Margin (%)
-4.66
-5.65
0.43
-0.71
0.76
1.11
-3.81
-4.95
-12.01
-10.67
-13.95
-10.07
-17.53
-18.69
Depreciation Expense
26
22
16
14
16
16
17
22
29
22
25
24
24
24
Net Income, GAAP
-48
-68
1
-10
10
16
-31
-24
-69
-28
-81
-57
-68
-64
Effective Tax Rate (%)
- -
- -
11.42
- -
- -
11.86
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-4.55
-5.9
0.07
-0.79
0.77
1.36
-3.59
-3.87
-12.87
-6.02
-16.87
-15.24
-22.51
-22.4
Working Capital
51
88
158
148
164
178
110
44
-42
-14
-115
-157
-161
-179
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
51
4
Total Equity
249
267
349
340
351
367
325
300
236
395
310
282
211
213
Return on Invested Capital (%)
- -
- -
0.14
- -
1.73
1.92
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
1.26
- -
2.77
3.7
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-17.75
-26.27
0.27
-2.95
2.96
4.44
-8.98
-7.54
-25.71
-8.92
-22.84
-19.37
-27.61
-27.5

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
270
250
300
LT Borrowings
50
50
3
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
278
297
303
Market Capitalization
167
226
209

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
155
129
182
Cash, Cash Equivalents & STI
9
9
1
Accounts Receivable, Net
46
32
54
Inventories
94
83
70
Total Current Liabilities
316
283
361
Payables & Accruals
44
30
57
ST Debt
270
250
300
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.4%
-2.01%
-25.25%
Free Cash Flow
1,990.99%
-255.3%
-61.96%
Net Income, GAAP
-149.35%
61.88%
18.6%
Sales/Revenue/Turnover
-11.76%
-12.7%
-19.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
107
89
86
95
377
2025
85
84
57
77
302
2026
69
81
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.05
-0.07
-0.05
-0.21
2025
-0.06
-0.05
-0.06
-0.08
-0.24
2026
-0.07
-0.02
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Somroek Tangpiroonthum
Full Time Employees
472
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
140 Moo 5 Nakornpathom Thailand 73210
IPO Date
Dec 9, 2005
Website
kasetbrand.co.th
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Business
Thai Ha Public Company Limited (KASET.BK) is an agribusiness company engaged in the production and distribution of animal feed, premixes, concentrates, and related agricultural products. The company offers a range of core products including complete animal feeds for poultry, swine, and aquaculture; premixes and concentrates for customized nutrition; soybean meal; rice bran; and crop protection services such as fertilizers and pesticides; it also provides farming consultation and livestock management solutions under the Kaset Thai Brand. Established in 1965 and headquartered in Bangkok, Thailand, Thai Ha operates primarily in the domestic market with distribution networks across Thailand and select exports to Southeast Asia. In recent developments, the company expanded its production capacity through investments in new feed mills in 2024 and formed strategic partnerships with international suppliers for premium feed ingredients to enhance product quality amid rising demand. Additionally, Thai Ha launched innovative aquaculture feed lines targeting sustainable farming practices and reported robust revenue growth from its swine and poultry segments in fiscal year 2025. The company continues to focus on operational efficiencies and sustainability initiatives, positioning itself as a key player in Thailand's animal nutrition sector.