GFPT’s Net Profit Falls 85% to THB209 Million in 2021, Offering Dividend of THB0.10

GFPT Public Company Limited (SET: GFPT) has announced its 2021 consolidated financial statement as follows;

Yearly 2021 2020
Net Profit (Loss)
Million Baht
209.344 1,351.727
Earning Per Share (Baht)5 0.17 1.08
% Change 84.51


GFPT reported a consolidated net profit in 2021 of THB209.34 million, decreased by THB1,142.38 million or 84.51% down from 2020. The decrease in consolidated net profit was primarily driven from lower revenue from sales and higher cost of sales from higher major raw material price of feed production. The consolidated net profit margin in 2021 was 1.52% of consolidated revenue, decreased from 2020 at 9.33%.

Total consolidated revenue from sales was THB13,780.57 million, a decrease of THB 714.26 million or 4.93% down from 2020. The decrease in revenue was mainly due to COVID-19 pandemic and global economic slowdown.

The consolidated gross profit was THB1,072.65 million in 2021, decreased by THB1,060.69 million or 49.72% down from 2020 from decreasing revenue from sales and higher cost of sales.


In addition, the Board of Directors passed a resolution to pay the dividend from the year 2021 at the rate of THB0.10 per share. The Ex-dividend date (XD) is set for 7 March 2022. The payment of the interim dividend will be made on 28 April 2022.