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Thai poultry company Chuwit Farm, also known as CFARM, has expressed confidence in its growth outlook for the second half of 2026 (H2 2026), supported by sustained demand for chicken meat and improved cost stability, while accelerating its expansion into the egg-laying hen business, which is expected to become a key new growth driver.
Mathucha Jungthanasomboon, Deputy Managing Director for Management, said the company’s business outlook for the remainder of 2026 remains positive. Strong consumer demand for chicken meat, coupled with more stable feed and farming costs compared with previous periods, is expected to support profitability and operational performance.
Expanding into egg-laying hen business
Chuwit Farm is moving forward with its expansion into the egg-laying hen business, which represents a new growth segment for the company. Construction of the new farm is progressing as planned, with commercial stocking expected in Q3 2026. The company anticipates beginning to recognize revenue from the business in Q4 2026, before generating significant full-year contributions in 2027.
The company views the egg-laying hen business as an important new S-Curve that will create recurring income streams and strengthen its long-term earnings base. The investment is supported by confirmed customer demand, as Chuwit Farm has already secured production quotas and advance purchase commitments. As a result, the project is being developed based on actual demand rather than speculative future growth, providing confidence in revenue generation once operations commence.
Open to new strategic partnerships
Currently, Chuwit Farm operates under a contract farming model, with Betagro serving as its primary business partner. Management considers the partnership beneficial and commercially attractive. Nevertheless, the company remains open to collaborating with additional partners in the future to support the expansion of both its broiler and egg-laying hen operations.
Q1 2026 profit jumps 137%
For Q1 2026, Chuwit Farm reported revenue of USD 1.54 million from contract broiler farming, up 4.34% year-on-year. Gross profit rose 35.97% to USD 339,000, while the gross profit margin improved significantly to 21.97% from 16.86% in the same period last year.
Strong operational standards support margin growth
Revenue growth in Q1 2026 was driven by an increase in broiler production cycles compared with the same period last year. In addition, disease outbreaks affecting some farms in Thailand’s central region prevented them from operating as planned, resulting in higher orders being redirected to Chuwit Farm’s farms in the Northeast under the contract farming system.
At the same time, the company maintained high farming standards, achieving strong survival rates and healthy weight gains among its poultry. Improved quality performance reduced quality-related deductions, further supporting the expansion of gross margins.
With its core broiler farming business continuing to grow and the upcoming launch of its egg-laying hen operations, Chuwit Farm is positioning itself for another phase of sustainable growth and stronger earnings momentum in the years ahead.