GFPT Public Company Limited (SET: GFPT) delivered a robust bottom-line performance for the fiscal year 2025, with net profit climbing 23.59% to THB 2,439.40 million, up from THB 1,973.82 million in 2024. This impressive growth in profitability was achieved despite a 2.45% contraction in total revenue from sales, which settled at THB 18,840.14 million.
The revenue dip was primarily attributed to the food segment, which saw a 7.64% decrease to THB 8,870.03 million. This was largely due to lower export volumes of processed chicken products, particularly to the United Kingdom market. Conversely, the farm segment showed resilience, growing 4.72% to THB 6,739.06 million, supported by higher sales volumes and increased pricing for day-old-chicks.
The highlight of the 2025 fiscal year was the significant expansion in margins. Gross profit rose 15.45% to THB 3,081.03 million, with the gross profit margin improving to 16.35% from 13.82% in 2024. The company attributed this success primarily to lower costs for feed raw materials, specifically maize, soybean meal, and wheat. Efficiency gains were further bolstered by a 6.43% reduction in SG&A expenses to THB 1,468.94 million, resulting from lower freight costs and reduced export volumes.
Furthermore, financial costs dropped 14.45% to THB 102.16 million as the company successfully reduced its outstanding loans. While the share of profit from associated companies dipped slightly by 1.1% to THB 825.3 million, results were mixed: McKey Food Services saw a 24.26% profit increase due to higher cooked chicken sales, while GFPT Nichirei (Thailand) experienced a 41.65% decline.
GFPT concludes 2025 with a significantly strengthened financial position, boasting a historically low debt-to-equity ratio of 0.28. Looking ahead, the company maintains an optimistic outlook, with plans to invest THB 1.2–1.5 billion annually in new processing plants and farm expansions to meet projected growth in international broiler demand.
