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WP Profit Grows on Cost Management and Efficient Customer Portfolio

WP Profit Grows on Cost Management and Efficient Customer Portfolio

MGR Online•Economy•27m ago

Reader Briefing

WP Energy reported a net profit of 139.95 million baht for the first nine months of 2026, marking a 28.61% increase.

  • •WP Energy achieved a total revenue of 12,604.02 million baht in the 9-month period ending September 30, 2026.
  • •The company's LPG sales volume reached 545,461 tons, all from domestic sales.
  • •WP Energy's Solar Rooftop business generated 32.10 million baht in revenue during the same period.
  • •TRIS Rating assigned a corporate credit rating of 'BBB' with a 'Stable' outlook to WP Energy.

Overview

  • •WP Energy reported a net profit of 139.95 million baht for the 9-month period ending September 30, 2026, an increase of 28.61% from the previous year.
  • •WP Energy recorded total revenue of 12,604.02 million baht for the 9-month period of 2026.
  • •For the third quarter of 2026, WP Energy reported revenue of 4,278.26 million baht and a net profit of 55.21 million baht.
  • •WP Energy operates a network of over 170 LPG filling plants nationwide, including 7 plants operated directly by WP Energy.
  • •WP Energy's Solar Rooftop business has over 35 projects that have reached commercial operation date (COD), totaling 14 megawatts.
  • •Chomkamol Phumpunmuang stated that the growth was driven by effective cost management, expense control, and efficient customer portfolio management.
  • •TRIS Rating assigned WP Energy a 'BBB' corporate credit rating with a 'Stable' outlook.
  • •WP Energy has set a sales target for LPG at 770,000 tons for the full year of 2026.

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Key Quotes

Chomkamol Phumpunmuang
"The continuous growth in the 9-month performance reflects the business management efficiency of the company, which prioritizes cost management and expense control."
ผลการดำเนินงานในงวด 9 เดือน ที่เติบโตอย่างต่อเนื่อง สะท้อนถึงประสิทธิภาพในการบริหารธุรกิจของบริษัทฯ ที่ให้ความสำคัญกับการบริหารต้นทุนและควบคุมค่าใช้จ่าย

Key Entities

Organization

WP Energy(ดับบลิวพี เอ็นเนอร์ยี่)
A public limited company operating in LPG and Solar Rooftop businesses.
TRIS Rating(ทริสเรตติ้ง)
The company that assigned a 'BBB' corporate credit rating to WP Energy.
Thai Institute of Directors Association(สมาคมส่งเสริมสถาบันกรรมการบริษัทไทย)
The association that gave WP Energy a 5-star or Excellent rating for corporate governance.
Thai Private Sector Collective Action Against Corruption(แนวร่วมต่อต้านคอร์รัปชันของภาคเอกชนไทย)
An organization of which WP Energy is a certified member.

Person

Chomkamol Phumpunmuang(ชมกมล พุ่มพันธุ์ม่วง)
Chief Executive Officer of WP Energy Public Company Limited.