GFPT Public Company (GFPT) Q2 2025 earnings summary

Executive summary

• Operates a fully vertically integrated chicken production business, covering feed, farming, processing, and export, with a focus on sustainability and SDGs.

• Aims for carbon neutrality by 2030 and Net Zero by 2050, with ongoing ESG integration.

• Maintained strong market position as Thailand's 2nd largest chicken exporter and 6th in production, exporting mainly to the UK, Japan, Malaysia, China, and the EU.

• Achieved 2Q2025 consolidated revenue of THB 4,880.84 million, up 0.87% year-over-year, with net profit for shareholders rising 10.12% to THB 642.11 million.

• Recognized for corporate governance, anti-corruption, and investor relations excellence, maintaining a high CG rating for seven years.

Financial highlights

• 2Q2025 consolidated revenue was THB 4,881 million, up 0.9% year-on-year; 6M2025 revenue was THB 9,530.31 million, up 1.76%.

• 2Q2025 net profit was THB 642.11 million, up 10.12% year-on-year; 6M2025 net profit was THB 1,280.57 million, up 22.07%.

• Gross profit margin in 2Q2025 rose to 16.72% from 14.25% year-on-year; net profit margin increased to 13.16%.

• EBITDA for 2Q2025 was THB 1,175.53 million, up 6.98% year-on-year; EBITDA margin rose to 24.08%.

• Cash and cash equivalents as of June 2025 were THB 3,183.76 million.

Outlook and guidance

• FY2025 revenue expected to grow 2%-3% from FY2024, with gross profit margin guidance at 15%-16%.

• SG&A ratio projected at 7.5%-8%; CapEx planned at THB 1-1.2 billion for asset expansion, focusing on broiler and breeder farms and plant expansion.

• Broiler farm expansion and investment plans are flexible, depending on market and competition.

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