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Thai Vegetable Oil Public Company (TVO) investor relations material
Thai Vegetable Oil Public Company Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the six-month period ended 30 June 2026 was THB 16,011 million, up from THB 13,515 million year-over-year.
Net profit for the six-month period was THB 1,613 million, compared to THB 1,210 million in the prior year.
Total assets increased to THB 16,353 million as of 30 June 2026, from THB 14,603 million at year-end 2025.
Financial highlights
Gross profit for the six-month period rose to THB 1,967 million from THB 1,976 million year-over-year.
Basic earnings per share for the six-month period was THB 1.78, up from THB 1.33 year-over-year.
Operating profit for the six-month period was THB 1,875 million, up from THB 1,494 million year-over-year.
Cash and cash equivalents at period end were THB 392 million, down from THB 608 million at year-end 2025.
Outlook and guidance
Interim dividend of THB 0.90 per share (THB 801 million total) approved for payment in September 2026.
Management is evaluating the impact of TFRS 18, effective 2028, on future financial statements.
- Net profit surged despite lower sales, supported by margin gains and strong cash flow.TVO
Q4 2024 - Net profit increased year-over-year, driven by improved margins and higher other income.TVO
Q2 2025 - Net profit and EPS rose despite lower sales, with strong capital structure and higher dividend.TVO
Q4 2025 - Net profit and EPS rose despite lower sales, with higher dividends and new subsidiary investment.TVO
Q3 2025 - Strong revenue and profit growth, higher inventories, and robust dividend approvals.TVO
Q1 2026 - Net profit surged despite lower sales, as cost controls boosted margins and cash flow.TVO
Q1 2025 - Profit surged despite lower revenue, with higher dividends and ongoing capital investment.TVO
Q3 2024 - Net profit and segment profit rose despite lower revenue, with interim dividends approved.TVO
Q2 2024
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