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TASCO Q3 2026 Sales Over 300k Tons and Dividend Announcement

TASCO Q3 2026 Sales Over 300k Tons and Dividend Announcement

MGR Online•Economy•33m ago

Reader Briefing

Tipco Asphalt Public Company Limited reported a significant increase in Q3 2026 net profit and announced an interim dividend payment.

  • •Tipco Asphalt Public Company Limited recorded Q3 2026 sales of 310,000 tons with a net profit of 447 million baht.
  • •The company's board approved an interim dividend of 0.30 baht per share to be paid on December 4, 2026.
  • •Increased crude oil procurement from Venezuela supported production during the third quarter.

Overview

  • •Tipco Asphalt Public Company Limited reported total sales of 310,000 tons and total revenue of 9,511 million baht in Q3 2026, a 45.8% increase from the same quarter last year.
  • •Tipco Asphalt Public Company Limited recorded a net profit of 447 million baht in Q3 2026, increasing 148.3% from 180 million baht in Q3 2025.
  • •Tipco Asphalt Public Company Limited attributed the performance improvement to high asphalt selling prices caused by tight regional supply and increased sales in Vietnam and Malaysia.
  • •Tipco Asphalt Public Company Limited noted that sales in Thailand decreased due to seasonal factors, while regional supply remained tight due to the prolonged war in the Middle East.
  • •Tipco Asphalt Public Company Limited increased crude oil procurement from Venezuela during Q3 2026 to increase production volume and supply security.
  • •For the nine-month period ending September 30, 2026, Tipco Asphalt Public Company Limited had total revenue of 24,754 million baht and a net profit of 1,326 million baht.
  • •The Board of Directors of Tipco Asphalt Public Company Limited approved an interim dividend of 0.30 baht per share on November 12, 2026.
  • •Tipco Asphalt Public Company Limited set the record date for dividend eligibility on November 26, 2026, with payment scheduled for December 4, 2026.

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Key Entities

Organization

Tipco Asphalt Public Company Limited(บริษัท ทิปโก้แอสฟัลท์ จำกัด (มหาชน))
A company reporting asphalt sales and revenue growth in 2026.
TASCO
The abbreviated name for Tipco Asphalt Public Company Limited.

Place

Vietnam(เวียดนาม)ℹ️
A foreign market where Tipco Asphalt Public Company Limited saw increased sales volume.
Malaysia(มาเลเซีย)ℹ️
A foreign market where Tipco Asphalt Public Company Limited saw increased sales volume.
Venezuela(เวเนซุเอลา)ℹ️
The source of increased crude oil procurement for Tipco Asphalt Public Company Limited.
Thailand(ประเทศไทย)ℹ️
A market where Tipco Asphalt Public Company Limited experienced a decrease in sales due to seasonal factors.
Middle East(ตะวันออกกลาง)ℹ️
A region where a prolonged war has impacted regional asphalt supply.