GFPT Public Company Limited

What GFPT Public Company Limited does

GFPT Public Company Limited is a Thai publicly listed food company (SET: GFPT) that operates a fully vertically integrated chicken production platform spanning animal feed manufacturing, grandparent and parent breeder farms, commercial broiler farms, slaughtering and processing, and cooked further-processed food production. The group operates three business segments — Food Business (47.08% of FY2025 revenue), Farm Business (35.77%), and Feed Business (17.15%) — and produced over 294,000 tons of chicken and 153,000+ tons of processed chicken exports in 2025, ranking 7th in Thailand by production volume and 2nd by processed chicken exports with approximately 12% market share.

Revenue is generated primarily through B2B sales to retail chains (hypermarkets, supermarkets), food service and hospitality operators, wholesale distributors, and export customers across the UK (26% of exports), Japan (26%), Malaysia (18%), the EU (12%), and China (8%), with exports accounting for 23.50% of total group revenue. The group also sells own-brand processed products (sausages, chicken yor, etc.) through GFFoods retail outlets, wet markets, and consumer social channels (LINE, TikTok, Instagram, Facebook). Strategic partnerships include 49%-owned joint ventures with McDonald's global supply chain (McKey Food Services) and with Japan's Nichirei Corporation (GFPT Nichirei Thailand), embedding the company into premium QSR and Japanese distribution channels.

Key competitive advantages include the LRQA Platinum certification covering 100% of the supply chain (a regulatory prerequisite for UK/EU markets), vertical integration that enables cost control and traceability, and a track record of nine consecutive years of "Excellent" Corporate Governance ratings plus the 2025 upgrade to SET ESG Ratings AA. The company is led by the Sririmongkolaskam family through Chairman Virach Sirimongkolaskam and a recently restructured Co-CEO and CFO executive team. FY2025 consolidated revenue was THB 18,840 million with EBITDA of THB 4,535 million and net profit of THB 2,439 million (12.70% net margin), reflecting significant margin expansion from 9.99% in FY2024 and 7.10% in FY2023.

Name

GFPT Public Company Limited

Legal name

GFPT Public Company Limited

Website

https://gfpt.co.th

Company type

Public

Founded year

1981

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

GFPT Public Company Limited is a Thai-listed, fully vertically integrated chicken producer manufacturing fresh, frozen, and processed chicken products for retail, food service, and export customers across Thailand, the UK, Japan, EU, Malaysia, and China.

Ownership category

akta.pro rank

Product category

Poultry Production and Chicken Processing

NAICS

Poultry Processing (311615), Other Animal Food Manufacturing (311119), Poultry and Poultry Product Merchant Wholesalers (42444), Broilers and Other Meat Type Chicken Production (11232)

SIC

Poultry Slaughtering And Processing (2015), Food And Kindred Products (2000), Agricultural Prod-Livestock & Animal Specialties (200)

akta.pro primary industry

Broiler Processing (Whole Bird, Parts, Further Processing) (AFANACAI)

akta.pro secondary industries

Frozen Meat, Poultry & Seafood Manufacturing (AFAKACAG), Broiler (Meat Chicken) Feed (AFADACAA), Poultry Wholesale (Whole Birds, Parts) (AFAIADAC)

Keywords

• Poultry production
• Chicken processing
• Animal feed manufacturing
• Processed chicken products
• Vertically integrated farming

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Others

Revenue model

1. Food Business (Processed Chicken Products): Production and distribution of fresh frozen chicken, fully-cooked processed chicken products, and chicken by-products. Sold to retailers, wholesalers, food service providers, and export customers under company and customer brands. Constitutes approximately 47.08% of total group revenue.
2. Farm Business (Live Broiler Operations): grandparent/parent breeder farms, hatcheries, and commercial broiler farms produce live chickens supplied to internal processing plants and to joint venture GFN. Constitutes approximately 35.77% of total group revenue.
3. Feed Business (Animal Feed): Manufacturing and distribution of animal feed (chicken feed, layer feed, swine feed, fish feed, shrimp feed, goat feed, quail feed, dairy/beef cattle feed, and pet food) through Krungthai Food (KT). One feed mill produces chicken and breeder feed exclusively for internal farm use; another produces feed for external customers domestically and internationally. Constitutes approximately 17.15% of total group revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

GFPT Public Company Limited produces and distributes fresh chicken meat, frozen chicken meat, and cooked processed chicken products (karaage, nuggets, burgers, cutlets, sausages, teriyaki, roasted wings) for domestic Thai retailers, wholesalers, food service operators, and international export markets. The group also manufactures and sells animal feed (chicken, layer, swine, fish, shrimp, cattle, goat, quail, and pet feed) through its Krung Thai Food subsidiary. Operations are fully vertically integrated from animal feed manufacturing through grandparent and parent breeder farms, commercial broiler farms, slaughtering, processing, and cooked food production.

Product overview

GFPT Public Company Limited operates as a fully integrated chicken production company (Fully Vertical Integrated Chicken Production) encompassing animal feed, poultry farming, chicken processing, and distribution of fresh, frozen, and processed cooked chicken products. The company's core product portfolio consists of three main categories: (1) Fresh chicken and frozen chicken meat cuts including whole chicken, breast, leg-thigh, wing, and tenderloin; (2) Processed cooked food products including karaage, nuggets, burgers, cutlets, teriyaki, roasted wings, tandoori, and various breaded/fried items; and (3) Domestic branded processed products including chicken sausages (ไส้กรอกไก่) and chicken yor (ไก่ยอ) sold under the GF Foods brand. Products are distributed to retailers, wholesalers, and food service providers in Thailand and international export markets including UK, Japan, EU, Malaysia, and China.

Differentiator

Problem solved

Functional benefit

Brands

• GFPT: Primary brand for fresh frozen chicken and processed chicken products exported and sold domestically
• กรุงไทยอาหาร (Krung Thai Food / KT)
• จีเอฟฟูดส์ (GFFoods)

Products and services

• Fresh and Frozen Chicken Fresh and frozen chicken meat products including whole chicken, breast, leg-thigh, wing, and tenderloin cuts sold to retailers, wholesalers, and food service providers domestically and internationally under the GFPT brand. Frozen products are processed and frozen for extended shelf life while maintaining quality and safety standards for export markets.
• Processed Cooked Chicken Products Fully cooked processed chicken products including karaage, chicken nuggets (tempura, spicy, and curry varieties), chicken burgers, fried cutlets, teriyaki chicken, roasted wing on stick, and steamed breast tandoori for retail and food service markets. Products are ready-to-heat or ready-to-cook items with specific preparation instructions (e.g., cutlet cooked at 170-180°C for 6.30 minutes; teriyaki microwavable at 1500w for 2.20-5.50 minutes).
• GFFoods Branded Chicken Sausages and Chicken Yor Chicken sausage and chicken yor (fermented chicken sausage) products sold under the GFFoods brand with HALAL certification through GFFoods retail stores, wet markets, and distribution intermediaries within Thailand.
• Animal Feed Animal feed products manufactured by Krung Thai Food (KT) including layer feed, broiler feed, swine feed, cattle feed, fish feed, shrimp feed, goat feed, quail feed, dairy/beef cattle feed, and pet food. KT1 produces feed for external customers (domestic and international), while KT2 produces chicken and breeder feed exclusively for internal GFPT group farms.

Quantifiable outcome

• 294,000+ tons annual chicken production, representing approximately 6% of Thailand's total chicken production (Ranked 7th in Thai poultry industry)
• +4 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• McKey Food Services (Thailand) Co., Ltd.coreStrategic or Co-development Partner · 1 January 2011McKey Food Services (Thailand) Co., Ltd. is a 49%-owned joint venture between GFPT and McDonald's global supply chain. The joint venture manufactures frozen semi-finished food products (primarily chicken-based) for export to international markets and supplies McDonald's restaurant operations in Thailand and abroad. The partnership enables GFPT to access McDonald's global supply chain requirements and quality standards.
• GFPT Nichirei (Thailand) Co., Ltd. (GFN)coreStrategic or Co-development Partner · 1 January 2011GFPT Nichirei (Thailand) Co., Ltd. (GFN) is a 49%-owned joint venture between GFPT and Nichirei Corporation of Japan. The joint venture produces and distributes fresh frozen chicken, processed chicken products, and chicken food products for both domestic Thai market and export to Japan and other countries. Nichirei brings Japanese quality standards and market access; GFPT contributes production capability and supply chain integration.

Scale indicators20 records

Recent moves14 records

Expansion highlights6 records

Broad incumbents

• Tyson Foods, Inc. One of the world's largest poultry and prepared foods producers with vertically integrated chicken operations spanning breeding, feed, processing and value-added cooked products. While primarily US-focused, Tyson's scale, food-safety systems, and global QSR customer relationships set the benchmark GFPT competes against in international cooked chicken exports.
• JBS S.A. Brazilian multinational and one of the world's largest meat producers with poultry and processed food operations across multiple continents. Competes with GFPT in international cooked chicken and processed protein markets, particularly in EU and Asia, with comparable scale of slaughter and further-processing capacity.
• Pilgrim's Pride Corporation: Global poultry producer majority-owned by JBS with operations across the Americas and Europe, focused on fresh, prepared and value-added chicken products. Comparable to GFPT in processed/further-processed chicken offering for retail and QSR channels, and sets competitive pricing references in EU/UK export markets where GFPT has significant exposure.
• Maple Leaf Foods Inc. Canadian vertically integrated protein producer spanning poultry, pork and prepared foods with strong sustainability and brand credentials. Comparable to GFPT in cooked-processed chicken product categories and ESG-driven export positioning, serving as a reference point for premium export market positioning and value-added product mix.
• Cargill, Incorporated (Protein / Animal Nutrition): Global agribusiness with animal nutrition (feed) and protein businesses, including poultry processing in selected markets. Comparable to GFPT across the feed-to-food value chain, with similar exposure to feed cost dynamics and food-safety certification requirements in export markets.

Direct peers

• Laemthong Corporation Group: Thailand-listed integrated poultry processor operating feed mills, broiler farms, slaughterhouses, and cooked chicken production. Directly competes with GFPT in Thai domestic retail and food service channels and in Asian export markets, with comparable product portfolio including fresh, frozen and further-processed chicken.
• Kee Song Group: Singapore-headquartered poultry group with significant Thai production operations in broiler farming and chicken processing. Competes with GFPT for Asian food service and retail customers, supplying fresh and frozen chicken under both private label and house brands across Southeast Asian export channels.
• Charoen Pokphand Foods Public Company Limited (CPF): Thailand's largest and most diversified agro-industrial and food conglomerate with leading share in poultry production, processing, and exports. Operates a vertically integrated chicken model across feed, breeding, farming, processing and cooked products that directly mirrors GFPT's business structure, competing head-to-head in both Thai domestic and export markets including Japan and EU.
• Betagro Group: Major Thai integrated agri-food company with operations across animal feed, livestock breeding, broiler farming, slaughtering and processed meat production. Sells under Betagro and CK brand names domestically and exports to Asian markets, overlapping GFPT on customer channels, product mix, and Thai regional competition.

Regional players

• 2 Sisters Food Group: UK's largest food manufacturer with vertically integrated poultry operations producing fresh, frozen and cooked chicken for major UK retailers and QSR chains. Highly relevant to GFPT as a key UK market incumbent and competitor, with overlapping certifications (BRC, LRQA-equivalent) and shared retail/QSR customers in Britain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/GFPTofficial
• Instagraminstagram.com/gfpt.official
• TikToktiktok.com/@gfpt.official

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GFPT Public Company Limited