Thai Vegetable Oil Public Company (TVO) Q3 2025 earnings summary

Executive summary

• Interim financials for the three- and nine-month periods ended 30 September 2025 were reviewed with no material misstatements found.

• Revenue and profit declined year-over-year, but net profit and EPS improved compared to the prior year.

• Dividend payments increased compared to the previous year.

Financial highlights

• Three-month revenue: THB 6,504.97 million, down from THB 7,842.09 million year-over-year.

• Three-month net profit: THB 500.23 million, up from THB 446.03 million year-over-year.

• Nine-month revenue: THB 20,091.91 million, down from THB 22,840.71 million year-over-year.

• Nine-month net profit: THB 1,709.83 million, up from THB 1,328.08 million year-over-year.

• Basic EPS for nine months: THB 1.87, up from THB 1.46 year-over-year.

Outlook and guidance

• No changes in segment organization; continued focus on soybean and packaging products.

• No significant impact from revised financial reporting standards effective 2025.