GFPT’s Net Profit Increases 877% in 2022, Offers THB 0.20 Dividend Payout

GFPT Public Company Limited (SET: GFPT) has announced its 2022 consolidated financial statement through the stock Exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
2,044.472  209.344
Earning Per Share
1.63 0.17
% Change 876.61


GFPT reported a net profit of 2,044 million baht in 2022, increased by 1,835 million baht or 876.61% up from 2021.

The total revenue from sales was 18,222 million baht, an increase of 4,441.74 million baht or 32.23% up from 2021. The increase in total revenue was mainly due to increased revenue of the food business.

Despite a rise in revenue, the company had a cost of sales of 15,354 million baht, increased by 2,646.31 million baht or 20.82% up from 2021.

Meanwhile, the company had a gross profit from the consolidated financial statements in 2022 was 2,868 million baht, an increase of 167.38% compared with the same period last year.

In addition, the Board of Directors of GFPT announced a THB 0.20 of dividend payout to be paid in cash on 27 April 2023. The ex-dividend date is on 7 March 2023.