Thai Vegetable Oil Public Company (TVO) Q3 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2024 earnings summary
11 Sep, 2026Executive summary
Interim financial statements prepared under Thai Accounting Standard No. 34, consistent with prior periods.
No changes in shareholding structure or accounting policies during the period.
Revised financial reporting standards effective from 2024 and 2025 are not expected to significantly impact the Group.
Financial highlights
Revenue for the nine months ended 30 September 2024 was THB 22,675 million, down from THB 26,060 million year-over-year.
Segment profit for the nine months was THB 2,121 million, up from THB 656 million year-over-year.
Profit for the nine months was THB 1,328 million, up from THB 422 million year-over-year.
Basic earnings per share calculation is based on profit attributable to equity holders.
Outlook and guidance
Management expects no significant impact from upcoming financial reporting standard changes effective 2025.
Latest events from Thai Vegetable Oil Public Company
- Net profit surged despite lower sales, supported by margin gains and strong cash flow.TVO
Q4 2024 - Net profit increased year-over-year, driven by improved margins and higher other income.TVO
Q2 2025 - Net profit and EPS rose despite lower sales, with strong capital structure and higher dividend.TVO
Q4 2025 - Net profit and EPS rose despite lower sales, with higher dividends and new subsidiary investment.TVO
Q3 2025 - Strong revenue and profit growth, higher inventories, and robust dividend approvals.TVO
Q1 2026 - Net profit surged despite lower sales, as cost controls boosted margins and cash flow.TVO
Q1 2025 - Net profit and segment profit rose despite lower revenue, with interim dividends approved.TVO
Q2 2024 - Six-month net profit rose to THB 1,613 million, with interim dividends set for September 2026.TVO
Q2 2026