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BPS Q3 Profits Surge 255% on Solar Rooftop Demand

BPS Q3 Profits Surge 255% on Solar Rooftop Demand

MGR Online•Economy•40m ago

Reader Briefing

BPS Technology reported a 255% increase in net profit for the third quarter of 2026, driven by electrical and energy product sales.

  • •BPS Technology achieved a Q3/2026 net profit of 7.10 million baht, a 255% increase from the previous year.
  • •The company's revenue for the first 9 months of 2026 reached 447.73 million baht, up 16.09%.
  • •Growth was primarily driven by demand for solar rooftop installations following government tax incentives for individuals.

Overview

  • •BPS Technology reported Q3/2026 revenue of 148.75 million baht, representing a 14.14% increase from the same period last year.
  • •BPS Technology's net profit for Q3/2026 was 7.10 million baht, an increase of 5.10 million baht or 255%.
  • •For the 9-month period ending September 30, 2026, BPS Technology earned 447.73 million baht in revenue and 14.25 million net profit.
  • •Growth in energy product sales was supported by increased solar rooftop installations following government tax deduction measures for individuals between 2026–2028.
  • •Increased demand led to higher orders from contractors, real estate developers, and B2C retail customers for BPS Technology.
  • •BPS Technology increased the procurement of solar cell installation equipment to meet market demand.
  • •BPS Technology saw a decrease in revenue from large-scale solar cell installations and Modular homes.
  • •Surapong Sarechanphan stated BPS Technology will expand its customer base and distribution channels through partners to diversify revenue sources.

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Key Quotes

Surapong Sarechanphan
"The company aims to expand the business alongside maintaining profitability and financial stability by monitoring project progress, controlling costs, and carefully managing working capital."
บริษัทมุ่งขยายธุรกิจควบคู่กับการรักษาความสามารถในการทำกำไรและความมั่นคงทางการเงิน โดยติดตามความคืบหน้าโครงการ ควบคุมต้นทุน และบริหารเงินทุนหมุนเวียนอย่างรอบคอบ

Key Entities

Organization

BPS Technology Public Company Limited(บริษัท บีพีเอส เทคโนโลยี จำกัด (มหาชน))
A leader in integrated residential innovation identified as BPS.

Person

Surapong Sarechanphan(สุรพงษ์ สาเรชพันธุ์)
Chief Executive Officer of BPS Technology Public Company Limited.