Rice business
This business buys paddy rice, mills and processes it, then packages and sells rice under the company’s own brands and in bulk. It also sells rice by-products from the milling process.
Customers and revenue model
P
PRG Corporation PCL
SET:PRG
PRG Corporation PCL
SET:PRG
Price:
10.6
THB
-0.93%
Market Closed
Market Cap:
฿8.1B
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Company Overview
Business Description
- Sector
- Consumer Staples
- Industry
- Food Products
- Headquarters
- Thailand TH
- Employees
- 225
- IPO date
- Sep 16, 1993
PRG Corporation PCL is a Thai rice company that buys paddy rice, mills and processes it, and sells finished rice products. Its core business is turning raw rice into polished rice, packaged rice, and related by-products such as bran and husk materials. It also handles trading and distribution, so it sits between farmers and the customers who want ready-to-cook rice.
The company sells to households through branded retail packs, and to food makers, restaurants, wholesalers, and export buyers that need rice in larger volumes. It earns money mainly by selling rice products and related items, with added income from rice trading and value from using different grades and by-products from the milling process.
What makes PRG’s business model distinctive is that it is a processor and channel operator rather than a farm owner. It depends on sourcing, milling quality, packaging, and distribution, which means its role is not just to grow rice but to turn a basic crop into standardized products that can be sold in stores, food supply chains, and overseas markets.