Fortune Parts Industry Public Company Limited, or FPI, expects its performance in the second half of 2026 to grow better than the first half, driven by increased investment in moulds to support orders and by expansion in overseas markets, especially the Middle East. Sompol Tanadumrongsak, Chairman of the Executive Board and Managing Director, disclosed that although sales in the Middle East in the second quarter of 2026 fell by an average of about 20%, FPI still grew against the market, with second-quarter 2026 sales rising about 8 to 10%, benefiting from the aftermarket or replacement parts business, where demand increased after some OEM manufacturers ran into product delivery problems. The company has a logistics advantage in the Middle East, shipping goods from Jeddah and Al Khobar to the GCC group including Kuwait, Qatar, Oman and Bahrain using its own trucks, which cuts costs by 30% compared with competitors that rely on sea freight, while diesel prices stand at about 10 baht per litre. FPI is pressing ahead with a new plant in Saudi Arabia to upgrade it into a production and distribution hub for the MENA region and to extend its market reach into Europe, while expanding its partnerships from Japanese and Korean carmakers to European carmakers, both in the aftermarket such as Alfa Romeo and Fiat and in the OEM group such as Peugeot.
Fortune Parts Industry Public Company LimitedFPI expects H2 2026 to outperform H1 on increased mould investment to support orders and overseas expansion, with Q2 2026 sales up 8-10% on aftermarket demand.
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