GFPT Public Company (GFPT) Q2 2026 earnings summary

Executive summary

• Operates a fully vertically integrated chicken production business, focusing on sustainability and aiming for carbon neutrality by 2030 and net zero by 2050.

• Recognized for ESG excellence, anti-corruption, and industry leadership, with multiple awards in 2025.

• Second largest chicken exporter in Thailand, with a strong presence in Japan, UK, and EU markets.

• 2Q2026 consolidated revenue was THB 4,647.85 million, down 4.77% year-over-year, mainly due to lower food segment revenue from reduced exports of fresh chicken meat.

• Net profit for 2Q2026 was THB 600.62 million (EPS THB 0.48), a 6.46% decrease year-over-year, with a net profit margin of 12.92%.

Financial highlights

• Q2 consolidated revenue: THB 4.648 billion, down 4.8% year-on-year; net profit: THB 601 million, down 6.5% year-on-year.

• Six-month revenue: THB 8.916 billion, down 6.5% year-on-year; net profit: THB 1.118 billion, down 12.7% year-on-year.

• Gross profit margin in Q2 increased slightly to 16.91%; net profit margin decreased to 12.92%.

• EBITDA margin in Q2 stable at 24.11%.

• Cash and cash equivalents increased to THB 4.48 billion as of June 2026, up 26.9% from year-end 2025.

Outlook and guidance

• 2026 sales expected to remain flat versus 2025; anticipated gross profit margin 15%-16%.

• SG&A expected at 7%-8% of sales; CapEx guidance THB 1-1.2 billion for fixed asset investments.

• New chicken processing and further processing factories under construction in Chonburi to meet rising demand and expand customer base, with capacity for 150,000 birds/day and 30,000 tonnes/year.