GFPT Public Company (GFPT) investor relations material

Executive summary

• Q2 2026 sales revenue was THB 4,647.85 million, down 4.77% YoY, mainly on lower fresh chicken exports.

• Q2 net profit was THB 600.62 million, down 6.46% YoY; EPS was THB 0.48 and net margin was 12.92%.

• H1 2026 revenue was THB 8,915.70 million, down 6.45%, and net profit was THB 1,117.72 million, down 12.72%.

Financial highlights

• Q2 gross profit was THB 785.86 million, down 3.71% YoY; gross margin rose to 16.91% from 16.7%.

• Q2 EBITDA was THB 1,120.66 million, down 4.67% YoY, with a 24.11% margin.

• Q2 other income rose 10.47% to THB 101.32 million; financial costs fell 18.55% to THB 21.09 million.

• H1 gross profit was THB 1,411 million, down 3.9%; cost of goods sold fell 6.9% to THB 7,505 million.

• Q2 share of profit from associates was THB 135.44 million, down 31.29% YoY, mainly due to lower GFN profits.

Outlook and guidance

• FY2026 sales guidance is flat versus 2025, with gross margin of 15%-16% and SG&A at 7%-8% of sales.

• Financial costs are guided at 1.5%-2.5% and the effective tax rate at 10%-15%; 2026 capex is budgeted at THB 1.0-1.2 billion.

• Broiler farm expansion and broader investment plans may be adjusted for economic, market and industry conditions and competition.