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News: GFPT

Meat industry players cautious about 2022

With major shifts in food production and supply systems, meat industry players are entering the new year cautiously. While some are moving forward with gusto...

Meat industry players cautious about 2022

With major shifts in food production and supply systems, meat industry players are entering the new year cautiously. While some are moving forward with gusto...

GFPT expected to post weak earnings in H1 2022

Thailand’s GFPT may report weak earnings in H1 2022, hurt by lower capacity utilization and higher feed and logistics costs. Its Covid-19 prevention measures...

Crystal ball gazing into 2022

Despite the many challenges around us, and the Omicron variant in the mix, the global economy appears to be in recovery mode albeit with...

GFPT’s social distancing measures affecting production

Thailand’s GFPT’s social distancing measures are affecting its production capacity. The company operates five cooked chicken lines, with a capacity of 2500 tons/month. “Now...

GFPT posts Q3 loss on lower sales, high feed costs

Thailand’s GFPT reported a net loss of USD 2.7 million in Q3 2021 due to lower sales and higher feed raw material prices. Sales revenue...

New flavor for alternative feed ingredients, sources

Feed ingredient prices and import challenges continue to rock animal protein production in Asia. But producers continue to find ways to balance production costs...

GFPT posts Q3 loss on lower sales, high feed costs

Thailand’s GFPT reported a net loss of USD 2.7 million in Q3 2021 due to lower sales and higher feed raw material prices. Sales...

Poultry supply and consumption contracts

Across the region, we see poultry supply chains contracting and producers readjusting their business models to swing sustainably in the current economic and social...

GFPT delays construction of new slaughterhouse

Thailand’s GFPT has delayed construction of a new chicken slaughterhouse, as the current business environment is not ideal. Production costs have increased and DOC...

GFPT’s Q2 net profit drops 18% on higher feed costs

Thailand’s GFPT reported a net profit of USD 5.43 million in Q2 2021, down 18.45% yoy, due to higher raw material prices including corn...

Demand dwindles with new Covid wave

Revenue reports began to roll in this past week and while some have been positive, we recognize cracks surfacing as the new wave of...

GFPT’s Q1 net profit tumbles 81%

Thailand’s GFPT reported net profit of USD 1.93 million in Q1 2021, down 81.33% yoy, on sales revenue that declined 10.42% yoy to USD...

Hogs hold up gainers

The spotlight this week was trained on financial results.  Happily, there appears to be more gainers than losers, and even the latter came out...

GFPT sets investment budget of USD40-50m

Thailand’s GFPT has set an investment budget of USD 40-50 million this year. The company’s broiler farms will be expanded to reach 380,000 birds/day....

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