TFMAMA's first-quarter profit fell to 886 million baht as sales of its "Mama" instant noodles plummeted by 10%.

Thai President Foods (TFMAMA), owner of the "Mama" brand, reported a first-quarter profit of 886.16 million baht, a decrease of 9.71%. Sales of noodles and instant foods fell by 10% following the end of domestic economic stimulus measures. Exports to Cambodia also decreased.

Date 15 May 2569 Thai President Foods Public Company Limited (TFMAMA) The owner of the "Mama" instant noodle brand reported a net profit of 886.16 million baht in the first quarter of 2026, a decrease of 95.33 million baht or 9.71% compared to the same period last year. The net profit margin was 13.07%, lower than the 13.2% recorded in the first quarter of 2025. Sales revenue was 6,379.69 million baht, a decrease of 9.53% compared to the same period last year.

When considering the type of product and sales area, it was found that the revenue from...The distribution of noodles and instant foods both domestically and internationally.The 10.21% decrease was primarily due to the expiration of domestic economic stimulus measures, as well as the ongoing impact of the protracted situation between Thailand and Cambodia, resulting in a decline in border sales and exports to Cambodia.

For product categories such as crackers, fruit juices, and other items. Sales decreased by 19.52%, 69.53%, and 22.30%, respectively, whilePackaging and Bakery GroupThere was still slight growth at 5.96% and 0.53%, respectively.

Cost of sales for the first quarter of 2026 amounted to 4,245.02 million baht, a decrease of 580.38 million baht or 12.03% compared to the same period last year. In line with the decline in sales and the decrease in the price of key raw materials, the cost of goods sold to sales revenue ratio for the first quarter of 2026 was 66.54%, lower than the same period of the previous year which was 68.43%.

while Selling and administrative expenses for the first quarter of 2026 amounted to 1,232.55 million baht, an increase of 141.87 million baht or 13.01% compared to the same period last year. The primary reasons stem from adjustments to the fair value of financial assets and provisions for anticipated credit losses.

When compared as a ratio of selling and administrative expenses to sales revenue, the figures for Q1/2569 and Q1/2568 were 19.32% and 15.47%, respectively.

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