Sri Trang Agro-Industry Public Company Limited (“STA” or “the Company”) has been recognized on the Fortune Southeast Asia 500 list for the second consecutive year, securing the 110th position, among the top 500 companies with the highest revenues in Southeast Asia. This recognition highlights the Company’s continued growth in operational performance, solid financial position, and strong business potential, driven by a well-executed business strategy and a commitment to sustainability across the entire value chain.
Mr. Veerasith Sinchareonkul, Chief Executive Officer of Sri Trang Agro-Industry Public Company Limited (STA), the world’s largest fully integrated natural rubber company and Thailand’s leading rubber glove manufacturer, stated that The 2025 Fortune Southeast Asia 500 ranking, published by Fortune Magazine, a globally renowned business magazine, lists STA among the top 500 companies by revenue in Southeast Asia for the second consecutive year, with the Company ranked at No. 110 in 2025 – up nearly 40 spots in this year’s ranking. This recognition reflects STA’s ongoing development, particularly in terms of operational performance, financial strength, and sustainable business potential, reinforcing STA position as a regional and global industry leader.
In 2024, the Company recorded total revenue from product sales and services of THB 114,373.7 million, representing a 35.8% increase compared to the previous year. This growth was primarily driven by the expansion of both the natural rubber and rubber glove businesses. The sales volume of natural rubber rose by 8.3% year-over-year, reflecting the effectiveness of the Company’s business strategies alongside STA commitment to sustainable operations across the entire supply chain. These efforts include ensuring traceability of rubber sources to confirm do not originate from deforested areas, promoting lawful labor practices, upholding good corporate governance, and engaging all stakeholders responsibly.
“The Company’s inclusion in the Fortune Southeast Asia 500, published by one of the world’s leading business magazines, reaffirms our commitment to driving strong business performance and maintaining our position as the world’s largest fully integrated natural rubber company, we remain dedicated to pursuing continuous growth while enhancing the global competitiveness of Thailand’s natural rubber industry,” said Mr. Veerasith Sinchareonkul.