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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Gulf Development Public Company
Gulf Development Public Company (GULF) investor relations material
Gulf Development Public Company Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary11 Aug, 2026
Executive summary
Q2'26 saw robust earnings growth, driven by strong power demand, increased capacity payments, and portfolio optimization initiatives.
Revenue and core profit rose significantly year-over-year and quarter-over-quarter, supported by higher EGAT sales, new solar projects, and improved performance from digital and telecom segments.
Strategic divestments and new subsidiary establishments enhanced the business portfolio and international presence.
Total assets reached 815,968 million Baht as of 30 June 2026, up from 773,810 million Baht at year-end 2025.
Equity attributable to owners stood at 315,598 million Baht, with total equity at 347,604 million Baht as of 30 June 2026.
Financial highlights
Total revenue for Q2'26 was THB 50,294 million, up 23.8% YoY and 28.8% QoQ.
EBITDA reached THB 18,997 million, up 41.4% YoY and 17.7% QoQ.
Six-month consolidated revenue was 82,116 million Baht, more than doubling from 38,518 million Baht year-over-year.
Six-month consolidated net profit was 23,994 million Baht, down from 65,485 million Baht year-over-year.
Net profit attributable to parent was THB 12,332 million.
Outlook and guidance
2026 performance expected to improve further with 695 MW of new energy projects coming online.
Jackson Generation's capacity payment to increase nearly tenfold, boosting profit share.
Expansion in LNG imports and optimization to enhance value creation.
Full-year recognition of new data center and motorway projects to support revenue growth.
No explicit forward-looking guidance provided, but strong asset growth and capital structure suggest continued expansion.
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Latest events from Gulf Development Public Company
- Q1 2026 saw strong profit, equity growth, and a positive outlook driven by new projects and investments.GULF
Q1 2026 - FY2025 saw robust profit growth, portfolio expansion, and strengthened sustainability performance.GULFQ4 2025
- Strong profit and equity growth driven by energy, telecom, digital gains, and amalgamation.GULFQ3 2025
- Q2'25 delivered strong financial growth, robust equity, and ambitious 2025 targets despite currency losses.GULFQ2 2025
- Net profit surged on new capacity and digital growth, with risks from legal and tax changes.GULFQ1 2025
- Strong FY2024 growth, restructuring, and investments drive outlook for further expansion.GULFQ4 2024
Next Gulf Development Public Company earnings date
Q3 202616 Nov, 2026
Gulf Development Public Company
Next Gulf Development Public Company earnings date
Q3 202616 Nov, 2026
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Frequently asked questions
Gulf Energy Development Public Company Limited is a Thailand-based energy company engaged in the development, generation, and distribution of electricity. The company operates a diversified portfolio of power projects, including natural gas, renewable energy, and infrastructure ventures. Gulf Energy’s projects span both domestic and international markets, serving industrial, commercial, and residential customers. The company also invests in energy transmission and infrastructure to support the efficient delivery of power to end users, with a focus on sustainable energy solutions. The company is headquartered in Bangkok, Thailand, and its shares are listed on the Stock Exchange of Thailand.