SET-listed beverage company Sappe Plc, the manufacturer of drinks under the Sappe brand, plans to spend 1 billion baht during 2022-2026 to expand its beverage production capacity as part of the company's efforts to triple its sales to 10 billion baht.
Piyajit Ruckariyapong, Sappe chief executive, said the firm is conducting a feasibility study to expand its beverage production capacity to support the future growth of the company's business in domestic and international markets.
Of the total investment of 1 billion baht, 600-650 million baht will be used to set up a new production line at the firm's factory in Pathum Thani, while the remaining 350-400 million baht is slated for a new warehouse.
