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Banpu (BANPU) investor relations material
Banpu Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Completed amalgamation and established new entity, with shares trading on SET from August 2026.
Announced interim dividend of 0.40 Baht/share, reflecting commitment to shareholder returns.
Net profit for 2Q2026 was $49 million, up $78 million year-over-year, driven by diversified energy portfolio and cost management.
EBITDA for 2Q2026 reached $327 million, with strong contributions from all business pillars.
Financial highlights
Sales and service income for 2Q2026 was $1,438 million, up 16% year-over-year.
Gross profit increased 26% to $318 million, with gross margin improvement across segments.
Net profit attributable to owners was $49 million, compared to a loss of $29 million in 2Q2025.
Basic earnings per share for 2Q2026 was $0.005 (Baht 0.160).
Total assets as of 30 June 2026 were $14,423 million, up 3% from year-end 2025.
Total equity increased 7% to $5,229 million.
Outlook and guidance
Energy demand outlook remains strong, driven by AI and data center growth.
Company aims to balance cash flow from existing businesses with future growth opportunities.
Focus on expanding low-carbon and technology-driven businesses, including CCUS and battery storage.
- Net loss for 2024, lower gross profit, US subsidiary IPO, and new renewable investments.BANPU
Q4 2024 - Strong FY2024 results with growth in gas, renewables, and CCUS, plus top ESG ratings.BANPU
Oppurtunity day presentation - Revenue rose but net loss recorded; major CCUS JV and new debentures mark strategic shifts.BANPU
Q1 2025 - Net loss of $29M on FX, rising EBITDA, and major energy investments defined Q2 2025.BANPU
Q2 2025 - Major restructuring and strong 3Q25 results position the group for growth and decarbonization.BANPU
Oppurtunity day presentation - Net loss for nine months, but 3Q25 net profit and restructuring boost long-term value.BANPU
Q3 2025 - 2025 results: stable revenue, net loss from FX, growth in gas and BESS, strategic restructuring.BANPU
Q4 2025 - Net profit surged to $12M in 1Q2026, supported by higher energy prices and cost control.BANPU
Q1 2026
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