Fortune Parts Industry Public Company Limited manufactures and distributes automotive replacement parts in Thailand, the Kingdom of Saudi Arabia, and internationally. Its services include plastic injection molding, plastic chrome plating, plastic spray-painting, 3D printing, design, molding, dipping, and environmental consulting. The company's products are primarily used in pick-up vehicles, trucks, and personal cars. Incorporated in 1991, it is based in Lam Luk Ka, Thailand.
PSGC leads 10 mai stocks with H1 2026 net profit of up to 488 million baht
The Association of Listed Companies on the Market for Alternative Investment (maiA) has revealed the 10 companies on the mai market with the highest net profit in the first six months of 2026. PSGC took the top spot with a profit of 488 million baht, up 317% from the same period last year. UKEM posted a profit of 338 million baht, up 1,065%, the highest growth rate in the group, followed by KCC with a profit of 334 million baht, up 198%, and TRT with a profit of 290 million baht, up 262%. Ranking fifth to tenth are NTF with a profit of 276 million baht, up 67%; FSMART with a profit of 268 million baht, down 12%; XO with a profit of 238 million baht, down 15%; TACC with a profit of 203 million baht, up 33%; MEB with a profit of 191 million baht, down 10%; and FPI with a profit of 175 million baht, up 24%. Seven of the ten companies saw profit growth, while XO, FSMART, and MEB saw declines.
Fortune Part Industry Public Company Limited, or FPI, has announced an interim cash dividend of 0.04 baht per share. The XD date is set for 26 August 2026, with payment to shareholders on 9 September 2026. Mr. Sompol Thanadumrongsak, Managing Director of FPI, said the company continues to expand its markets both domestically and internationally to increase business opportunities and broaden its customer base, while enhancing long-term competitiveness. It is also developing products to keep pace with changes in the automotive industry, especially electric vehicle technology, which has continued growth potential, in order to create new business opportunities and support FPI's future growth.
FPI second-quarter profit rises 70% to 109 million baht, with a dividend of 0.04 baht per share
Fortune Parts Industry Public Company Limited, or FPI, reported second-quarter net profit for 2026 of 108.7 million baht, up 70% from the same period last year, on total revenue of 759.7 million baht, an increase of 15.3%, supported by domestic OEM business sales and exports to South America and Africa. The board approved an interim dividend of 0.04 baht per share, with the stock set to trade ex-dividend on 26 August 2026 and payment on 9 September 2026. For the first six months of 2026, the company posted total revenue of 1.377 billion baht, up 7.3%, and net profit of 173.2 million baht, up 22.9%. Its subsidiary in India swung to a profit of 8.13 million baht from a loss of 15.79 million baht a year earlier, while its subsidiary in Saudi Arabia has completed no less than 60% of factory construction and is expected to begin production by December 2026.
FPI to open new production base in Saudi Arabia this November, with Ceer orders worth over a billion baht
FPI is set to open a new production base in the King Abdullah Economic City special economic zone in Saudi Arabia by November 2026, serving as a manufacturing and distribution hub for the Middle East and North Africa region. The move is expected to cut logistics costs by more than 30 percent compared with exporting from Thailand. The company has already secured a parts production project from Ceer, a Saudi Arabian automaker, worth over 30 million US dollars, or approximately 1 billion baht, with revenue to be recognised gradually over the next five to six years. In addition, FPI is in talks with Hyundai to support parts production for future car manufacturing projects in Saudi Arabia, and sees opportunities to expand into the air conditioning segment, where demand is high in the region.
FPI accelerates factory construction in Saudi Arabia’s KAEC special economic zone, aiming to cut transport costs by 30%
Fortune Part Industry Public Company Limited, or FPI, is accelerating construction of a new factory in the King Abdullah Economic City, or KAEC, special economic zone in Saudi Arabia. Commercial operations are expected to begin by November 2026, serving as a manufacturing and distribution hub for the Middle East and North Africa region. Setting up the plant in KAEC, a strategic location for manufacturing and logistics, will help reduce logistics costs by more than 30% compared with exporting from Thailand, and lower risks from international shipping route volatility. The factory will produce OEM automotive plastic parts and has already secured a project from Ceer, a Saudi Arabian automaker, worth over 30 million US dollars, or approximately 1 billion baht, with revenue to be recognized gradually over the next five to six years. In addition, FPI is in talks with Hyundai to support parts production for future vehicle manufacturing projects in Saudi Arabia, and is exploring opportunities to expand into the air-conditioning segment, which sees high demand in the region.