Asefa Public Company (ASEFA) Q3 2025 earnings summary

Executive summary

• Revenue for the nine-month period ended September 30, 2025, was ฿2,316.9 million, up slightly from ฿2,296.4 million year-over-year.

• Net profit attributable to equity holders for the nine months was ฿150.1 million, a significant increase from ฿17.1 million in the prior year.

• Total comprehensive income for the nine months reached ฿336.3 million, driven by a large gain on asset revaluation.

Financial highlights

• Gross profit for the nine months rose to ฿555.5 million from ฿445.7 million year-over-year.

• Basic earnings per share for the nine months was ฿0.29, up from ฿0.03 year-over-year.

• Cash and cash equivalents increased to ฿347.4 million as of September 30, 2025, from ฿272.1 million at year-end 2024.

• Total assets grew to ฿3,957.4 million from ฿3,444.3 million at December 31, 2024.

• Total liabilities increased to ฿1,988.3 million from ฿1,565.8 million at year-end 2024.

Outlook and guidance

• The company distributed dividends and continued to invest in business acquisitions and capital expenditures.