ITC Reinforces Strong Business Fundamentals with Inclusion in the SET50 Index
i-Tail Corporation Public Company Limited (ITC) has achieved a significant milestone with its inclusion in the SET50 Index from the second half of 2024, as announced by the Stock Exchange of Thailand (SET). This recognition strengthens ITC's position as a global leader in the pet food industry.
Pichitchai Wongpiya, Chief Executive Officer of i-Tail Corporation PCL, expressed gratitude in ITC's inclusion in the SET50 Index, stating, "This recognition marks a step forward in our success, reflecting our commitment to effective organizational management and robust financial policies that equip us to handle various challenges. We believe this inclusion will enhance confidence in i-Tail's business operations and our capability to achieve sustainable growth, while also attracting interest from both domestic and foreign investors and generating value for shareholders and stakeholders over the long term."
The SET50 Index reflects the price movement by market capitalization of 50 companies with trading liquidity based on trading value and turnover ratio listed on the Stock Exchange of Thailand. This index is pivotal for comparing performance benchmarks and serves as an underlying index for various financial instruments. Effective July 1, 2024, ITC is the only additional company in the Food & Beverage industry to be included in the SET50 Index for the second half of 2024.