SGP Q3 Profit Surges 340%

MGR Online•Economy•17m ago

Reader Briefing

Siam Gas and Petrochemicals reported a significant profit recovery in Q3 and the first 9 months of 2026.

•Siam Gas and Petrochemicals (SGP) reported a Q3 net profit of 531.04 million baht, an increase of 340.56% compared to Q3/2025.
•For the first 9 months of 2026, SGP achieved total revenue of 69,359.53 million baht and a net profit of 4,705.43 million baht.
•SGP maintains its position as the second-largest LPG operator in Thailand with a market share exceeding 22.83%.

Overview

•Siam Gas and Petrochemicals reported total revenue of 23,551.63 million baht in Q3, representing a 23.55% increase from the same period last year.
•In the first 9 months of 2026, Siam Gas and Petrochemicals earned a net profit of 4,705.43 million baht, rising 835.26% from a loss of 639.97 million baht in the previous year.
•Supachai Weerabowornpong attributed the success to efficient cost management and agility in adjusting business plans to market changes.
•Domestic LPG sales for Siam Gas and Petrochemicals totaled 633,911 tons in the first 9 months of 2026, an increase of 1.61% YoY.
•International LPG sales for Siam Gas and Petrochemicals in the first 9 months were approximately 1.92 million tons, up 14.5% YoY.
•Offshore Trading accounted for 58.69% of international LPG sales for Siam Gas and Petrochemicals in Q3.
•Supachai Weerabowornpong stated that the company will closely monitor global energy price volatility and manage cost and procurement risks carefully.
•Siam Gas and Petrochemicals aims to maintain growth momentum by retaining existing customers and expanding into high-potential new markets.

Full article content is available on the original source.

Read on MGR Online (Thai Version)View in Google Translate

Source: MGR Online (Original)

View Original Article

Key Quotes

Supachai Weerabowornpong

"The main success factor comes from highly efficient cost management, which helped reduce the impact of energy price volatility in the global market well."

ปัจจัยแห่งความสำเร็จหลักมาจากการบริหารจัดการต้นทุนที่มีประสิทธิภาพสูง ช่วยลดผลกระทบจากความผันผวนของราคาพลังงานในตลาดโลกได้เป็นอย่างดี

Supachai Weerabowornpong

"The business direction for the remainder of 2026 is believed to grow continuously, and the company is committed to maintaining this growth momentum."

ทิศทางธุรกิจในช่วงที่เหลือของปี 2569 เชื่อว่าจะมีการเติบโตต่อเนื่อง โดยบริษัทมุ่งมั่นที่จะรักษาโมเมนตัมการเติบโตอย่างต่อเนื่อง

Key Entities

Organization

Siam Gas and Petrochemicals(สยามแก๊ส แอนด์ ปิโตรเคมีคัลส์)

A public company (SGP) operating in the LPG business both domestically and internationally.

Person

Supachai Weerabowornpong(ศุภชัย วีรบวรพงศ์)

Managing Director of Siam Gas and Petrochemicals Public Company Limited.

Place

Asia(เอเชีย)ℹ️

The region where Siam Gas and Petrochemicals has a trade network covering several countries.