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IFBH (06603)'s profit warning expects net profit for the first three quarters to decrease by about 60% to 75% year over year
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According to the Zhitong Finance App, IFBH (06603) issued an announcement. According to a preliminary assessment of the Group's unaudited comprehensive management accounts for the nine months ended September 30, 2026 (nine-month period) and other information currently available to the board of directors, it is expected that net profit during the nine-month period will decrease by about 60% to 75% compared to the same period in 2025.

According to currently available information, the Board believes that the reduction in net profit expected during the nine month period is due to a combination of the following factors: (i) the reduction in the Group's revenue, mainly due to (a) shortages in the supply of coconut water, polyethylene terephthalate (PET) and other packaging materials due to disruptions in the global supply chain, including a decrease in the supply of coconut water in Thailand, which is due to a decrease in the amount of unopened coconut due to falling demand for other coconut by-products, limiting the ability of the Group's distributors to place orders; (b) the continuous restructuring and optimization of Innococo's distribution channels; and to a lesser extent First, (c) the overall consumer sentiment in the coconut water category decreased due to weak consumer sentiment and increased market competition; and (ii) the Group's gross margin declined, mainly due to the increase in the cost of coconut water and PET packaging materials.

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