Thai Vegetable Oil Public Company (TVO) Q2 2025 earnings summary

Executive summary

• Net profit for the three months ended 30 June 2025 was 659.7 million Baht, up from 562.6 million Baht year-over-year.

• For the six-month period, net profit reached 1,209.6 million Baht, compared to 882.0 million Baht in the prior year.

• Total comprehensive income for the six months was 1,209.3 million Baht, with 1,181.0 million Baht attributable to equity holders.

Financial highlights

• Total revenues for Q2 2025 were 6,788.1 million Baht, down from 7,356.2 million Baht year-over-year.

• Six-month revenues were 13,642.1 million Baht, compared to 15,165.3 million Baht in the previous year.

• Basic EPS for the six months was 1.33 Baht, up from 0.97 Baht year-over-year.

• Gross profit margin improved due to lower cost of sales relative to revenue.

Outlook and guidance

• Dividend payments for the period totaled 827.2 million Baht.

• Retained earnings increased to 7,541.1 million Baht as of 30 June 2025.