Univanich Palm Oil Public Company (UVAN) Q3 2025 earnings summary

Segment performance

• Operations are reported as a single segment: oil palm plantations, palm fruit processing, oil palm seed and seedling business, with minimal activity from the electric power plant segment, which contributed less than 1% to sales and assets.

• Overseas revenue from entities in the Philippines reached Baht 1,162 million, up from Baht 813 million year-over-year.

Key financial ratios and metrics

• Trade receivables (net) decreased to Baht 194 million as of 30 September 2025 from Baht 611 million at year-end 2024.

• Inventories (net) increased to Baht 1,113 million from Baht 957 million at year-end 2024.

• Biological assets (net) decreased to Baht 115 million from Baht 130 million at year-end 2024.

• Property, plant, and equipment (net) increased to Baht 3,007 million from Baht 2,734 million at year-end 2024.

• Trade and other current payables rose to Baht 209 million from Baht 105 million at year-end 2024.

• Long-term loans from financial institutions decreased to Baht 47 million from Baht 58 million at year-end 2024.

Capital allocation and financing

• Dividend payments for 2024 totaled Baht 940 million, with a final payment of Baht 564 million made in May 2025.

• Interim dividend for 2025 of Baht 0.40 per share (Baht 376 million) paid in September 2025.

• Subsidiary declared and paid dividends totaling Baht 54.61 million, with Baht 26.74 million paid to non-controlling interests.

• Long-term loans to a subsidiary stood at Baht 97.52 million, with repayments scheduled from 2026 to 2038.