TCP allots B12bn for growth plan

Mr Saravoot says the firm plans to set up its own energy drink factory in Sichuan, China with a total capacity of 1.4 billion cans per year.

TCP Group, the manufacturer and distributor of Kratingdaeng energy drink, Mansome vitamin water and Sponsor, plans to invest 12 billion baht in its three-year business plan (2022-24) to expand business at home and abroad.

Chief executive Saravoot Yoovidhya said in light of the pandemic, digital disruption, mounting international conflicts and inflationary pressure, which have tremendously affected business, society and the environment, the company revised its strategies to prepare for a volatile future and to create growth for the organisation.