STX Business Plan 2026: New Mine Q4, Focus on 4 Strategies

MGR Online•Economy•1h ago

Reader Briefing

Stone One (STX) outlines a four-pronged strategy for 2026, targeting market leadership and profitability, with its new Phetchaburi mine set to commence commercial operations in Q4.

•Stone One (STX) announced its business roadmap for 2026, focusing on 4 key strategies to become a leader in the quarry and dolomite industry.
•A new mine in Phetchaburi is scheduled to begin commercial production in Q4 of this year to support the construction industry's expansion.
•Despite a Q1/2026 revenue of 82.43 million THB and a net loss of 0.51 million THB, STX aims for sustainable growth and shareholder value.
•The company emphasizes ESG principles and operational excellence to enhance profitability and long-term sustainability.

Overview

•In Q4 2026, the Phetchaburi mine is expected to commence commercial production in order to support the construction industry's expansion.
•STX stated its roadmap for 2026 through 4 key strategies aimed at elevating the organization to become a leader in the quarry and dolomite industry.
•In Q1/2026, STX reported total revenue of 82.43 million THB, a decrease of 25.12%, and a net loss of 0.51 million THB.
•The construction industry's slowdown and economic conditions have impacted STX's Q1/2026 performance.
•STX is continuously developing Operational Excellence to control costs and increase production efficiency in order to enhance profitability.
•STX acquired all ordinary shares of Boonthavorn Mining Co., Ltd. ("BTV") in Q2 2022.
•A board meeting on May 15, 2026, approved an increase in the registered capital of Boonthavorn Mining Co., Ltd. to 60 million THB from 12 million THB.
•The Q1/2025 net profit was significantly higher due to substantial past trade receivables being settled through debt restructuring, a special item not present in Q1/2026.

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Key Quotes

Kritanan Pingklasai

"STX has laid out business driving guidelines for the year 2026 through 4 key strategies to push for leapfrog growth."

STX ได้วางแนวทางการขับเคลื่อนธุรกิจในปี 2026 ผ่าน 4 กลยุทธ์หลัก เพื่อผลักดันการเติบโตอย่างก้าวกระโดด

Kritanan Pingklasai

"STX's competitive advantage lies in holding mining operating licenses, considered rare and high-value assets today."

จุดแข็งที่สร้างความได้เปรียบทางการแข่งขันของ STX คือการเป็นผู้ถือครองใบอนุญาตประกอบกิจการเหมืองหิน ซึ่งถือเป็นสินทรัพย์ที่หาได้ยากและมีมูลค่าสูงในปัจจุบัน

Key Entities

Organization

STX

An organization focusing on quarry and dolomite mining, with strategic plans for 2026 and a new mine in Phetchaburi.

Stone One(สโตนวัน)

The company also known as Stone One, which is actively pursuing business expansion and technological advancements in the mining sector.

Stone One Company (Public Company Limited)(บริษัท สโตนวัน จำกัด (มหาชน))

The official name of the company led by Kritanan Pingklasai, focused on quarry and dolomite extraction and processing.

Boonthavorn Mining Co., Ltd.(บริษัท บุญถาวร ไมน์นิ่ง จำกัด)

A subsidiary of STX, whose registered capital was increased in May 2026 to support the development and operation of new mining projects.

Place

Phetchaburi Province(จ.เพชรบุรี)ℹ️

The location of STX's new mine, which is scheduled to begin operations in Q4 of the current year.

Person

Kritanan Pingklasai(นายกฤตนันท์ ปิงคลาศัย)

Chief Executive Officer of Stone One Company (Public Company Limited) or STX, who outlined the company's strategies and vision.