GFPT 2Q Earnings Soar 150% from Higher Sales Revenue

GFPT Public Company Limited (SET: GFPT) has announced its 2Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 2Q22 2Q21
Net Profit (Loss)
Million Baht
453.67 181.82
Earning Per Share
0.3600 0.1500
% Change 149.52
6 Months 2022 2021
Net Profit (Loss)
Million Baht
909.40 242.43
Earning Per Share (Baht) 0.7300 0.1900
% Change 275.12

GFPT reported a net profit of THB453 million in 2Q22, increased 149% from a net profit of THB181 million in 2Q21, driven from higher sales revenue.

GFPT Group had total revenue from sales of THB 4,218.53 million in 2Q22, representing an increase of THB 506.13 million or 13.63% up from 2Q21, mainly from higher revenue from farm business from higher sales volume and selling price of day-old-chicks and higher revenue from selling live broilers from higher selling price of live broilers.