SAPPE reported Q2 FY2569 revenue of 1,500 million baht (+16.1% QoQ) with net profit of 189 million baht (+3.3%), driven by recovery in Asia and US markets. Gross margin held steady at 44.2% despite rising production costs (oil, plastic pellets), supported by a weaker baht and cost-reduction initiatives. Domestic and export revenue both declined 3.1% YoY due to low coconut prices affecting All Coco segment and Middle East shipping disruptions; however, health-drink brands (especially B'lue's new clear vitamin drink) grew. SAPPE maintains full-year growth target of 15%, balancing cost management with market expansion and ESG initiatives.