GFPT Public Company Limited (SET: GFPT) has announced 3Q24 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 3Q24 | 3Q23 |
| Net Profit (Loss)
Million Baht |
541.80 | 319.04 |
| Earning Per Share
(Baht) |
0.4300 | 0.2500 |
| % Change | 69.82 | |
| 9 Months | 2024 | 2023 |
| Net Profit (Loss)
Million Baht |
1,590.83 | 966.14 |
| Earning Per Share (Baht) | 1.2700 | 0.7700 |
| % Change | 64.66 | |
GFPT reported a net profit in 3Q24 of Baht 541.80 million, an increase of Baht 222.76 million or 69.82% compared to the same period of the previous year. The increase was due to higher revenue from its food business and lower feed raw material cost.
GFPT Group’s total revenue from sales was THB 5,050.62 million in 3Q2024, representing an increase of THB 276.19 million or 5.78% from 3Q2023 while total revenue from sales for 9M2024 was THB 14,416.07 million, increased by THB 238.31 million or 1.68% from 9M2023 predominantly from higher revenue of food business.
The consolidated gross profit was THB 784.56 million in 3Q2024, an increase ofTHB 216.82 million or 38.19% from 3Q2023 while gross profit for 9M2024 was THB 2,042.12 million, increased by THB 450.82 million or 28.33% from 9M2023 mainly from lower feed raw material cost.
The consolidated EBITDA was THB 1,094.82 million in 3Q2024, increased by THB 296.47 million or 37.14% from 3Q2023 while EBITDA for 9M2024 was THB 3,122.89 million, increased by THB 813.96 million or 35.25% from 9M2023.
For the capital structure of the Group, as of 30 September 2024, the consolidated debt to equity ratio was 0.39 and the consolidated net debt to equity ratio was only 0.25.
