Energy Absolute Public Company (EA) Q2 2026 earnings summary

Executive summary

• Engaged in biodiesel, glycerin, renewable power, battery, EV manufacturing, and charging stations, with operations mainly in Thailand.

• Interim financials prepared under Thai Accounting Standard 34, consistent with prior year policies.

Outlook and guidance

• Management confident in sufficient working capital and ability to meet obligations for the next 12 months, despite recent credit rating changes.

• Actively sourcing additional external funds to support operations and enhance liquidity.

Segment performance

• Five reportable segments: biodiesel/glycerin, renewable power, electric vehicles, batteries, and others.

• For the six months ended 30 June 2026, total consolidated revenue was 5,867 million Baht, down from 6,794 million Baht year-over-year.

• Profit before income tax for the period was negative in several segments, with a consolidated loss before tax of 1,556 million Baht, compared to a loss of 107 million Baht in the prior year.

• Revenue is predominantly generated in Thailand (99%).