SPCG 9-Month 2026 Net Profit Drops 11% to 272.2 Million Baht

MGR Online•Economy•23m ago

Reader Briefing

SPCG reported a net profit of 272.2 million Baht for the first nine months of 2026, reflecting an 11% decrease.

•SPCG's total revenue for the first nine months of 2026 was 1,121.5 million Baht, an 18% decrease.
•The net profit for the third quarter of 2026 fell by 47% to 38.2 million Baht.
•SPCG's EBITDA margin increased from 62% to 72% over the nine-month period.
•As of September 30, 2026, SPCG held total assets of 18,778.6 million Baht.

•SPCG recorded total revenue of 1,121.5 million Baht and a net profit of 272.2 million Baht for the first nine months of 2026.
•The decline in total revenue was caused by the government's reduction of the Average Ft rate and a slowdown in Solar Roof installation revenue from Solar Power Roof Co., Ltd. due to the expiration of BOI benefits.
•SPCG restructured the management of 36 Solar Farm projects, which significantly reduced operating costs and increased energy output by 3% to 276.1 million units.
•In the third quarter of 2026, SPCG reported revenue of 306.6 million Baht and a net profit of 38.2 million Baht.
•The third quarter results were temporarily affected by seasonal factors, as the rainy season resulted in less sunlight than the second quarter.
•As of September 30, 2026, SPCG had total liabilities of 155.6 million Baht, a 64% decrease from the end of 2025.
•SPCG maintains a very low debt-to-equity ratio of 0.01 times and a current ratio of 19.15 times.

Full article content is available on the original source.

SPCG Public Company Limited(บริษัท เอสพีซีจี จำกัด (มหาชน))

A company providing solar power services that reported its 2026 financial results.

Solar Power Roof Co., Ltd.(บริษัท โซลาร์ เพาเวอร์ รูฟ จำกัด)

A company providing Solar Roof installation services.

BOI

An entity that provided benefits which have now expired for Solar Power Roof Co., Ltd.

Wuttichai Tankuranan(วุฒิชัย ตันกุรานันท์)

Senior Executive Vice President of Accounting and Finance at SPCG Public Company Limited.