Rising energy costs imperil Thai manufacturer's profitsGeopolitical conflicts in the Middle East are driving up energy costs, potentially affecting the logistics operations and packaging manufacturing arm of SET-listed Osotspa Plc (OSP), a Thai consumer product manufacturing conglomerate. The company has secured raw material contracts for the next six months, said Ratiporn Ratcharoen, group chief financial officer at OSP. In the worst-case scenario, if energy prices rise to US$140-150, profit margins could decrease by 1-2% this year. The situation in the Middle East could also affect sea freight shipments, as deliveries may be postponed. She believes that the company has various brands in its portfolio that are able to serve various segments of consumers.
Source: Bangkok Post March 10, 2026 00:21 UTC