ATP 30 Public Company Limited

ATP30 Public Company Limited, or ATP30, a provider of employee shuttle services in the industrial estates of eastern and central Thailand, said it has adjusted its route plans and fleet management to maintain continuity of service to customers after flooding forced the temporary closure of some routes in Prachin Buri and Rayong provinces, which fall within its service areas. The company assessed the impact as short-term only and said it would not significantly affect overall operations, noting it can switch from electric buses to diesel buses on routes limited by water levels. Chief Executive Officer Piya Techakul said the company continues to prioritise risk management alongside creating business opportunities. In addition, on 18 September 2026, an extraordinary shareholders' meeting approved an expansion of the company's business objectives to formally accommodate the sale of electricity from its commercial Solar Roof & Smart Charger charging stations, building on the infrastructure the company has invested in and uses to support ATP30's own EV fleet. The company plans to open its first commercial charging service in Nakhon Nayok province in October 2026, with a power output of 120 kilowatts across two chargers, before expanding charging stations to other potential areas such as Saraburi, Lopburi, Chonburi and Rayong provinces within 2027, in order to improve asset utilisation and create opportunities for additional revenue.

ATP30 Public Company Limited, or ATP30, a provider of personnel transport bus services, has unveiled its three-year JUMP+ Plan to increase corporate value over 2026–2028, targeting net profit of approximately 120 million baht by 2028, up from 58.50 million baht in 2025, or more than double. It also targets revenue growth of 10% in 2026, accelerating to 11% in 2027 and 13% in 2028, while the gross profit margin is targeted to rise from 21.06% in 2025 to 22.44%, 22.80% and 23.96% respectively. The net profit margin is targeted to move from 7.26% to 10.43% by 2028. The heart of the investment plan is the expansion of the electric bus fleet by an additional 100 vehicles by 2028, with total investment of approximately 570 million baht. In 2026, it will invest in 30 EV buses with a budget of 170 million baht, install a 120-kilowatt solar rooftop system and develop two charging stations, before adding another 35 EV buses for 200 million baht in 2027 and another 35 vehicles for approximately 200 million baht in 2028. The company expects the clean energy transport business to generate revenue of approximately 200 million baht in 2028. In addition, the company is preparing to build a new S-Curve through its VVS, or VIP Vehicle Services, business, planning to invest in 14 vehicles worth 40 million baht in 2026, add another 17 vehicles for 50 million baht in 2027 and another 17 vehicles for 50 million baht in 2028, targeting revenue of approximately 49 million baht in 2028. It is also pressing ahead with its AQS, or A Quick Service, business, expanding to a total of five branches with investment of approximately 60 million baht, comprising one branch in 2026 with investment of 12 million baht, two more branches in 2027 with investment of 24 million baht, and two more branches in 2028 with investment of 24 million baht, targeting total AQS revenue of approximately 74 million baht in 2028. Another key strategy is improving the efficiency of existing assets, with ATP30 set to accelerate the efficiency of its existing fleet of 760 vehicles by raising the utilization rate, reducing empty trips and retaining its existing customer base through continuous renewal of key contracts.

ATP30 is expected to see its profit margin in the third quarter of 2026 improve from the previous quarter, as lower oil prices help ease its main costs. Meanwhile, the company is proceeding with expanding its EV fleet by an additional 30 vehicles this year, and its VVS business has generated revenue of 11.79 million baht, accounting for 87.85% of its full-year target. On the broker side, Globlex maintains a "Buy" recommendation with a fair price of 1.08 baht, expecting 2026 profit to be 49 million baht, down 22% due to reduced margin assumptions, but recovering to 62 million baht in 2027.

Mr. Piya Techakul, Chief Executive Officer of ATP30 Public Company Limited (ATP30), announced the company's second quarter 2026 financial results with total revenue of 206.83 million baht. The company is proceeding with its JUMP+ plan to expand its Green Mobility business by adding 30 more electric vehicles this year and investing in Smart Chargers and Solar Roofs at three locations. Meanwhile, the VVS business generated revenue in the first half of the year equivalent to 87.85% of its annual target, and the company plans to expand its AQS commercial vehicle repair and spare parts centers to five branches by 2028 to create recurring revenue for the company.

ATP 30 Public Company Limited, or ATP30, announced its plan for the second half of 2026 to expand its EV fleet by another 18 vehicles to enhance its Green Mobility services and meet rising customer demand. The company also plans to invest in two additional Smart Charger and Solar Roof stations in Nakhon Nayok and Rayong provinces within this year. Currently, the company has 62 signed customers and a backlog worth 1.623 billion baht, which will be gradually recognized as revenue from the third quarter of 2026 onwards. For the first half of 2026, the company reported total revenue of 401.85 million baht, similar to the same period last year, and net profit of 17.26 million baht, down 44.79 percent year-on-year due to oil price risk management costs and fuel rationing policy restrictions from March to May 2026.