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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.
United Palm Oil Industry Public Company
United Palm Oil Industry Public Company (UPOIC) investor relations material
United Palm Oil Industry Public Company Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary6 Nov, 2026
Executive summary
9M 2026 revenue rose to Baht 1,649.6m from Baht 1,522.3m YoY, while net profit fell to Baht 84.2m from Baht 129.1m.
Q3 revenue declined to Baht 379.0m from Baht 518.1m YoY; net profit was Baht 1.9m versus Baht 64.0m.
Financial highlights
9M consolidated operating profit was Baht 69.9m versus Baht 153.6m YoY; profit before tax was Baht 96.9m versus Baht 157.6m.
9M cost of sales increased to Baht 1,459.9m from Baht 1,266.2m; selling and distribution expenses eased to Baht 27.7m from Baht 28.7m.
9M loss from fair-value changes in current biological assets was Baht 76.2m versus Baht 75.3m; Q3 loss increased to Baht 44.5m from Baht 7.3m.
Q3 operating result swung to a Baht 15.3m loss from Baht 76.4m profit YoY; consolidated joint-venture profit was Baht 15.4m versus Baht 2.5m.
Segment performance
Operations comprise oil-palm plantation and crude palm oil/kernel oil processing, plus biogas and biomass electricity generation; no material activity occurred in the electricity segment during the period.
Three major customers generated Baht 937m of 9M revenue versus Baht 950m YoY, all from the plantation and oil-processing segment.
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Latest events from United Palm Oil Industry Public Company
- Revenue and profit grew year-over-year, with strong cash flow and a final dividend paid.UPOIC
Q3 2024 - Q1 2025 profit fell to THB 35.8 million as revenue and cash flow declined year-over-year.UPOICQ1 2025
- Six-month net profit rose to THB 82.3 million on higher revenue and a THB 110 million dividend was paid.UPOICQ2 2026
- Q1 2026 saw revenue and profit surge, with a Baht 0.34 dividend approved for May.UPOICQ1 2026
- Net profit rose 34% year-over-year, driven by higher palm oil sales and improved margins.UPOICQ4 2025
- Net profit rose to Baht 129 million on stable revenue, with strong cash flow and expansion plans.UPOICQ3 2025
- Net profit increased to THB 65 million on stable revenue and improved margins.UPOICQ2 2025
- Revenue grew but net profit declined 40% due to higher costs and asset revaluation losses.UPOICQ2 2024
- Revenue up 16% to Baht 1,722m; net profit Baht 163m; legal land risks ongoing.UPOICQ4 2024
Next United Palm Oil Industry Public Company earnings date
Q4 202619 Feb, 2027
United Palm Oil Industry Public Company
Next United Palm Oil Industry Public Company earnings date
Q4 202619 Feb, 2027
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Frequently asked questions
United Palm Oil Industry Public Company Limited is a Thailand-based company engaged in the cultivation of oil palm and the production of palm oil products. The company operates plantations and processing mills to produce crude palm oil and palm kernel oil, serving clients in the food, cosmetics, and biofuel sectors. United Palm Oil Industry also engages in research and development to improve palm oil yield and sustainability practices in its operations. The company is headquartered in Bangkok, Thailand, and its shares are listed on the SET.