SPRC 9-Month 69 Profit Surges 1,555%

MGR Online•Economy•25m ago

Reader Briefing

Star Petroleum Refining Public Company Limited reported a net profit of 750.2 million USD for the first nine months of 2026.

•Star Petroleum Refining Public Company Limited (SPRC) net profit for the first 9 months of 2026 rose 1,555.3% to 750.2 million USD.
•The profit growth was driven by increased refining margins across all products and oil stock gains.
•For the third quarter of 2026, SPRC reported a net profit of 308.5 million USD, an increase of 534.2%.

•Star Petroleum Refining Public Company Limited recorded a net profit of 750.2 million USD for the first 9 months of 2026, a 1,555.3% increase from the same period last year.
•The growth of Star Petroleum Refining Public Company Limited was supported by higher refining margins for all main products, oil stock gains, and reduced operating expenses.
•Star Petroleum Refining Public Company Limited reported a core net profit excluding oil stock gains of 389.0 million USD for the first 9 months of 2026, up 478.1%.
•For the third quarter of 2026, Star Petroleum Refining Public Company Limited had a net profit of 308.5 million USD, representing a 534.2% increase.
•The third quarter net profit of Star Petroleum Refining Public Company Limited included a post-tax net oil stock gain of 191.6 million USD and a crude oil refining rate of 89.2%.
•Total sales volume for Star Petroleum Refining Public Company Limited increased to 16.6 million barrels.
•Herbert Matthew Penn II stated that Star Petroleum Refining Public Company Limited must analyze industry factors including crude oil prices, demand, and supply due to global market volatility.
•Star Petroleum Refining Public Company Limited is managing raw materials and production proportions to align with government policies for national energy security.

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Herbert Matthew Penn II

"The refinery business is a business that is clearly volatile according to the cycles of the global market."

ธุรกิจโรงกลั่นเป็นธุรกิจที่มีความผันผวนตามวัฏจักรของตลาดโลกอย่างชัดเจน

Star Petroleum Refining Public Company Limited(บริษัท สตาร์ ปิโตรเลียม รีไฟน์นิ่ง จำกัด (มหาชน))

A refining company referred to as SPRC that reported significant profit growth in 2026.

SPRC

The abbreviated name for Star Petroleum Refining Public Company Limited.

Herbert Matthew Penn II(เฮอร์เบิร์ต แมทธิว เพนน์ ที่ 2)

Chief Executive Officer and Director of Star Petroleum Refining Public Company Limited.