Thai Vegetable Oil Public Company (TVO) Q2 2026 earnings summary

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.