GFPT expects continuous growth in Q2/2023 Upping the 2023 revenue target – stock dimension

2023-05-30 15:05:47


Stock dimensions – Mr. Veera Thityangkruwong Investor Relations Manager GFPT Public Company Limited or GFPT revealed that Q2/23 earnings outlook is expected to be at the same level as Q1/23 or slightly better. From the cost of animal feed and the price is still high.

This is still considered to grow better than planned. Causing the company to adjust the 2023 revenue target, increasing from the originally set 2-3% in Thailand, tourists have returned to improve Make Fast Food and Street Food Restaurants Order More Chicken In addition, overall exports in the second half of the year will grow better than the first half due to the support of tourists from Japan, China, Europe and the trend of the baht that starts to depreciate.

Including placing an investment budget of approximately 1-1.2 billion baht in expanding the chicken farm to 340,000 birds/day and constructing a new chicken slaughterhouse. Resulting in a production capacity of 1.5 hundred thousand units/day from the original production capacity of 1.4 hundred thousand units/day

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