Patra Group Public Company Limited (PHAT) signals a strong recovery in the second half of the year, boosted by the high season for palm oil production. The company is also moving forward with plans to increase its crude palm oil production capacity by 50% to 90 tons per hour, with operations expected to begin in the third quarter of 2026. It is also aggressively expanding into international markets, targeting foreign revenue to account for 40% of total revenue in 2026 and 55-60% in 2027. The company is confident that revenue in 2026 will reach 3,000-3,500 million baht, a growth of 35-40% from the previous year. Mr. Somnuk Chantawong, Chief Executive Officer, revealed that the growth is supported by palm oil production, which is expected to increase by more than 20 million tons, especially during September to November, which is the peak production season. Meanwhile, the company is in talks with several new international customers and expects clarity within the second half of the year. After raising funds on the Market for Alternative Investment (mai), the company has increased working capital to support expansion. As for the investment plan for the Crude Palm Kernel Oil (CPKO) extraction plant, it is expected to be completed in the third quarter of 2027 and start generating revenue in the fourth quarter of 2027, which will serve as a new growth engine to drive long-term growth.
Palm oil production high season and increased capacity boost supply.
Company expects 35-40% revenue growth driven by palm oil high season and international expansion.
