The investment excludes the company's annual capital expenditure of 100 million baht. Ms Piyajit said Sappe plans to increase its sales to 10 billion baht by 2026 through essential business strategies including domestic and international expansion, mergers and acquisitions (M&A), and an aggressive business expansion of its All Coco drink brand. In terms of international business, Sappe has an average growth target of 15-20%, mainly through the expansion of sales distribution channels to be more comprehensive and cover more areas. The company aims to increase sales of its All Coco drink brand to 800 million baht in 2026, from 316 million baht last year. It will open new All Coco cafés in Bali, Indonesia, and increase sales points worldwide.

Source: Bangkok Post May 24, 2022 04:55 UTC