PHAT First Trading Day on mai Market

MGR Online•Economy•6d ago

Reader Briefing

Phat Group Public Company Limited began trading on the mai market with a starting price of 1.84 baht.

•PHAT's first trading price was 1.84 baht, lower than the 2 baht IPO price.
•The company plans to expand its crude palm kernel oil extraction plant and biogas systems.
•PHAT aims to increase international revenue share from 20% in year 68 to 40% by year 2026.
•The company targets total revenue of 3,500 million baht for the current year.

Overview

•Phat Group Public Company Limited started trading on the mai market at 1.84 baht, compared to an IPO price of 2 baht.
•The debt-to-equity (D/E) ratio of Phat Group Public Company Limited decreased to 0.76 times from 1.04 times following the fundraising.
•Phat Group Public Company Limited plans to expand crude palm oil extraction capacity to 90 tons per hour from quarter 3 of year 69 onwards.
•Phat Group Public Company Limited will construct a crude palm kernel oil (CPKO) extraction plant, expected to be completed in quarter 3 of year 70.
•Phat Group Public Company Limited will invest in a biogas production system, expected to be completed in quarter 4 of year 70.
•Phat Group Public Company Limited achieved 1,500 million baht in revenue during the first 6 months of the year toward a 3,500 million baht target.
•Phat Group Public Company Limited experienced lower fresh palm fruit volumes in the first half of year 69 compared to year 68 due to delayed rain.

Full article content is available on the original source.

Read on MGR Online (Thai Version)View in Google Translate

Source: MGR Online (Original)

View Original Article

Key Quotes

Peeranat Sawatdichan

"This fundraising helps strengthen the financial position, enabling further investment and international market expansion, reflecting long-term growth potential and being a defensive stock that creates stable returns for shareholders."

การระดมทุนครั้งนี้ ช่วยเสริมความแข็งแกร่งของฐานะการเงิน พร้อมต่อยอดสู่การลงทุนและการขยายตลาดต่างประเทศ สะท้อนถึงศักยภาพการเติบโตในระยะยาว และการเป็นหุ้น Defensive Stock ที่สร้างผลตอบแทนมั่นคงแก่ผู้ถือหุ้น

Key Entities

Organization

Phat Group Public Company Limited(บริษัท กลุ่มภัทร จำกัด (มหาชน))

A company listed on the mai market that operates in the palm oil extraction industry.

PHAT

The stock symbol for Phat Group Public Company Limited.

mai Market(ตลาด mai)

The stock exchange market where PHAT began trading.

Person

Somnuek Chanthawong(สมนึก จันทวงศ์)

Chief Executive Officer of PHAT.

Peeranat Sawatdichan(พีรณัฐ สวัสดิจันทร์)

Chief Financial Officer of PHAT.