Univanich Palm Oil Public Company (UVAN) Q1 2026 earnings summary

Segment performance

• Operations are reported as a single segment, primarily oil palm plantations and processing, as the biogas project contributed less than 1% to sales and assets for the period.

• Overseas revenue from entities in the Philippines reached Baht 361 million, up from Baht 174 million year-over-year.

Key financial ratios and metrics

• Trade receivables (net) increased to Baht 593 million from Baht 429 million as of 31 December 2025.

• Inventories (net) decreased to Baht 714 million from Baht 1,221 million at year-end 2025.

• Biological assets rose to Baht 147 million from Baht 97 million at year-end 2025.

• Property, plant, and equipment (net) stood at Baht 3,143 million at 31 March 2026, up from Baht 3,110 million at year-end.

Risk factors and uncertainties

• Ongoing litigations related to land concessions and issuance of land ownership titles remain unresolved.

• Exposure to foreign currency risk managed through forward contracts, with derivative liabilities of Baht 51 million as of 31 March 2026.