GFPT signals a recovery in the chicken export market in the second half of 2026, especially as Japan begins to see orders return to near-normal levels. Meanwhile, raw material costs remain stable, supporting the maintenance of a 15-16% profit margin. The company is also moving forward with expanding its chicken slaughterhouse capacity to support long-term growth. Weera Thityangkulwong, Investor Relations Manager, revealed that Japan, the main market, has started to increase orders again following economic stability and a steadier yen. The European market remains stable, while there have been no exports to China this year, with a plan to sell chicken feet domestically instead. As for the domestic market, it is expected that economic stimulus measures will end in late September, which may slow down the fourth quarter, but new tourism measures are expected to compensate. The company focuses on high-value products for export and controls costs, with corn prices dropping to about 10 baht per kilogram, while soybean meal has risen to 17 baht per kilogram, offsetting each other. The company continues to focus on its existing markets of Japan, the UK, and Europe, with the Middle East as a future option, and has plans to expand its chicken slaughterhouse, which currently handles 150,000 birds per day, to accommodate foreign orders.
GFPT Public Company LimitedJapan orders returning to near-normal and stable European market signal recovery in chicken export demand.
