Thai Enquirer
Bangchak posts 9.85 billion Baht Q3 profit as refining margins and SAF boosts earnings
Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.
◌ Single Source
Bangchak Corporation Plc (BCP) reported a strong third-quarter performance, posting a net profit attributable to shareholders of 9.85 billion Baht, up 789% from a year earlier, as stronger refining margins, improved marketing performance and contribu
Key facts
- The company recorded revenue from sales and services of 182.3 billion Baht during the July-September quarter, an increase of 48% year-on-year, although revenue slipped 1% from the previous quarter
- For the first nine months of 2026, Bangchak reported 508.4 billion Baht in revenue, up 32% from the same period last year, while net profit attributable to the parent company surged to 28.23 billion Baht, driven by growth across its
- Bangchak’s Q3 2026 MD&A was released to the Stock Exchange of Thailand on November 5, with the company’s analyst meeting scheduled for November 11.
- Bangchak estimates that its integration and efficiency initiatives have generated around 9 billion Baht in synergies and business improvements.
Summary
The company recorded revenue from sales and services of 182.3 billion Baht during the July-September quarter, an increase of 48% year-on-year, although revenue slipped 1% from the previous quarter. Net profit, meanwhile, declined 20% quarter-on-quarter, reflecting the exceptionally strong earnings recorded in the preceding quarter.
A key driver of Bangchak’s performance was its refining business, which benefited from a significant improvement in product crack spreads. The company has also been working to increase the capacity and efficiency of its Bangchak Sriracha refinery, strengthening its position across Thailand’s energy supply chain.