Thai Wah
Thai Wah Public Company Limited was formed by the amalgamation of Thai Wah Starch Public Company Limited and Thai Wah Food Products Public Company Limited. The Company’s core business is divided into three main categories: The tapioca starch and starch-related products, the food products, and the biodegradable products distributed to local as well as international markets, details as follows: …
Profile
Thai Wah Public Company Limited (SET: TWPC) makes and distributes tapioca starch and starch-related products, food (noodles/ready-to-eat and ready-to-cook), and biodegradable products, serving domestic and export markets. It innovates starch/texture and bioplastic solutions including the ROSECOª thermoplastic starch resin and ROSE brand products; it also produces modified starch, glucose syrup, tapioca pearls, and various noodles/RTC/instant items. Founded/incorporated in 1947, headquartered at Thai Wah Tower 1, Bangkok, Thailand. Listed on SET as TWPC (factsheet shows IPO/establish date 01/10/2015 and listed date 01 Oct 2015). In 2025 it reported net profit Baht 155.9M and net profit turnaround of Baht 227.3M; Food sales grew 7.8% with Ready-to-Eat/Ready-to-Cook #1 in Thailand; exports were ~14% of food sales to 20+ countries. Core tech includes thermoplastic starch resin (ROSECOª) and texture systems; quality includes BRC AA certification for seven consecutive years. Latest 2025-2026: 2025 turnaround and “Thai Wah 2030” transformation; Q1 2026 (SEC filing) shows ongoing operations with starch volume +20.4% YoY and Food revenue THB 649.3M; TWPC remains active with a 02 Sep 2026 announcement to acquire Well-Grow Company Limited.
Sources#
- 1FROM FARM TO SHELF
- Our Business | Thai Wah Public Company (TWPC)
- Thai Wah Public Company (TWPC)
- https://twpc.listedcompany.com/misc/presentation/20250813-twpc-presn-am-2q2025.pdf
- Thai Wah Public Company (TWPC)
- TWPC - Factsheet - The Stock Exchange of Thailand
- Thai Wah Public Company Limited
- https://twpc.listedcompany.com/misc/one-reports/20250320-twpc-or2024-en.pdf
- Industry
- Food ingredients, Packaging & plastics
- Topics
- Sweeteners, polyols & starch derivatives, PBS / PBAT & biodegradable plastics
- Role
- Producer — “…lopment). - Food Products: Manufactures vermicelli and noodles (mainly vermicelli) using pea, potato, tapioca…”
Bio-solutions it supplies 1
What they offer
Subsidiaries: Thai Nam Tapioca Company Limited · DI Company Limited · Thai Wah Alpha Starch Company Limited · Tay Ninh Tapioca Joint Stock Company · Vietnam Tapioca Company Limited · Tapioca Development Corporation Limited
News & status 6
- 2026-09 Latest status: Thai Wah acquired an 80% controlling stake in Well-Grow Company Limited for THB 190 million in September 2026. ↗ ↗ ↗
- 2026-09-24 Thai Wah Accelerates Transformation Into High-Value Food And Global Markets - KAOHOON INTERNATIONALThai Wah is accelerating its transformation from a traditional agricultural processor into a global high-value food and specialty ingredients company, expanding in Vietnam and China, acquiring World Grow to boost in-house R&D and flavor capabilities, and …
- 2026-09-02 Thai Wah Acquires Processed Food, Seasoning Manufacturer for THB190 Million | MarketScreenerThai Wah Public Company Limited has acquired an 80% stake in Well-Grow Company Limited for an enterprise value of THB 190 million, expanding its processed food and seasoning manufacturing footprint. The deal signals growth in its food processing segment as it …
- 2026-09-02 Thai Wah Acquires Well-Grow in THB190 Million Deal to Strengthen Ready-to-Eat Expansion - KAOHOON INTERNATIONALThai Wah is expanding into ready-to-eat through the acquisition of Well-Grow (THB 190 million), boosting its flavour, sauce, and seasoning capabilities to drive growth in prepared meals and global exports as part of its Thai Wah 2030 strategy.
- 2026-03-09 Built to Outperform: Thai Wah’s Multicore Platform Targets Double-Digit Growth - KAOHOON INTERNATIONALThai Wah Public Company Limited (TWPC) has a strengthened 2026 outlook driven by its Multicore platform (Food, Specialty Ingredients, Native Starch), returning to profitability in FY2025 and targeting double-digit revenue and net profit growth in 2026. The …
- 2026-02-27 Thai Wah Public Company Profit Skyrockets 318% on Multicore Surge - bangkokbusiness.newsThai Wah is delivering a dramatic rebound by shifting to higher-value, diversified earnings through its Multicore Platform, boosting gross margins and profits with a three-pillar growth strategy across Asia-Pacific, and planning further expansion into Europe …
- 2026-07-27 A New Milestone in Thai Wah’s Food Business Expansion | Thai Wah Public Company LimitedThai Wah is expanding into China with a new 10,000-ton premix factory in Jiaxing, Zhejiang, signaling a shift from raw material supplier to a Total Food Solutions Provider and a stronger focus on innovation, customization, and regional growth in Asia.
Network: owners, partners, peers
Ownership & investors 6
| subsidiary | Thai Nam Tapioca Company Limited |
| subsidiary | DI Company Limited |
| subsidiary | Thai Wah Alpha Starch Company Limited |
| subsidiary | Tay Ninh Tapioca Joint Stock Company |
| subsidiary | Vietnam Tapioca Company Limited |
| subsidiary | Tapioca Development Corporation Limited |
Partners & deals 1
| counterparty | Well-Grow Company Limited …Thai Wah acquired an 80% controlling stake in Well-Grow Company Limited for THB 190 million in September 2026.… |
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