THAILANDSICThailand Standard Industrial Classification

TSIC Activity

01261

Growing of oil palms

ประกอบกิจการเพาะพันธุ์ ขยายพันธุ์ และจำหน่ายต้นกล้าปาล์มน้ำมัน รวมถึงพืชผลทางการเกษตรที่เกี่ยวข้อง

What this activity covers

This activity involves the planting and cultivation of oil palms for palm oil production.

  • Oil palm cultivation
  • Seedling production — Production of oil palm seedlings
  • Seed collection — Collection of seeds for oil palm

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Palm breeding — Breeding of oil palms for sale

Not included here

  • Planting of ornamental palms. See activity 01301.

Foreign ownership

List 1: Closed to foreign majorityinherited from 012

Rice farming, plantation farming or crop growing

FBA B.E. 2542, List 1 (2)

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

191
active companies operate here
฿8.2Bregistered capital, combined
฿2.4B
Sector revenue · 2025
-35% since 2023
฿201.9M
Net profit · 2025
98 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿3.5M Thai

Based on few new registrations this year — read as a rough signal only.

New in 2026

5+66.7%

registrations, YTD

Registered capital

฿8.2B-2.9%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1RD Agricultural Development Co., Ltd.฿444.4M
  2. 2Siam Elite Palm Co., Ltd.฿133.5M
  3. 3Suan Palm Phanom Chai Co., Ltd.฿85.4M
  4. 4Panakit Agricultural and Industrial Co., Ltd.฿85.2M
  5. 5Sahasornnon Co., Ltd.฿77.5M

Largest by registered capital

  1. 1Startex Rubber Co., Ltd.Bangkok฿2.6B
  2. 2UNG Group Co., Ltd.Ranong฿343.0M
  3. 3RD Agricultural Development Co., Ltd.Bangkok฿300.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

16
Registered
since 2022
16
Still active
0
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 4 in 20222026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

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