United Palm Oil Industry Public Company (UPOIC) Q2 2025 earnings summary

Executive summary

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

• Main business activities are crude palm oil and crude palm kernel oil manufacturing, with operations based in Thailand.

Financial highlights

• Six-month consolidated revenue was THB 1,045 million, nearly flat year-over-year (THB 1,065 million in 2024).

• Net profit for six months rose to THB 65 million from THB 54 million year-over-year.

• Three-month net profit was THB 29 million, up from a loss of THB 0.08 million in the prior year quarter.

• Basic EPS for six months was THB 0.20, up from THB 0.17 year-over-year.

• Cash and cash equivalents decreased to THB 79 million from THB 127 million at year-end 2024.

Outlook and guidance

• The company secured a new long-term loan facility of THB 366 million for business expansion, with THB 259 million undrawn as of 30 June 2025.

• No significant changes in market or litigation conditions were reported.