Phatra Leasing, or PHAT, reported first-half 2069 results with total revenue of 1.53 billion baht, up 51.85% from the same period last year, and net profit of 2.73 million baht, down from 66.69 million baht a year earlier, as the delayed start of the rainy season kept fresh palm fruit volumes from April to June below 2025 levels and raw material costs rose. However, the company swung from an off-season loss of 54 million baht in 2025 to a profit of 2.73 million baht this year, supported by expansion of crude palm oil export markets, with export volume of 28,129.98 tonnes in the first half. The peak production season is expected to shift into the second half, according to forecasts from the Department of Internal Trade under the Ministry of Commerce, while production capacity has increased from 60 tonnes of fresh palm fruit per hour to 90 tonnes per hour, or 50% higher, following the IPO fundraising.
Delayed rainy season reduced fresh palm fruit volumes, tightening supply and supporting crude palm oil prices.
PHAT reported a 51.85% revenue surge and swung to a profit, with increased production capacity from IPO funds.
