Wp Energy Public Company Limited

The Thai Airways board has ordered the removal of Chai Eamsiri from the CEO position and appointed Samrit to take over, after the flood crisis damaged its reputation and operations. The board also opened the way for a full fact-finding investigation and immediately changed the authority to sign binding commitments on behalf of the company. Most recently, Thai Airways signed a contract with EEC to proceed with the U-Tapao aircraft maintenance centre, investing 10 billion baht on 210 rai of land, targeting construction in 2027 and the opening of the centre in 2030, with capacity to service 90 aircraft per year and generate revenue of 4,000 to 5,000 million baht. It also issued relief measures for passengers affected by the floods, including flight changes, full refunds, and compensation for delayed baggage. Among other stocks to watch, MRDIYT hinted at bright third-quarter 2026 results driven by branch expansion, while OR teamed up with CENTEL to develop budget hotels, starting with six pilot locations at prices from 800 to 1,300 baht per night, aiming to expand to 50 locations by 2031. AWC filed a filing with the SEC to establish the AWR trust, expecting net cash flow of more than 30,000 million baht, and WP completed its share buyback in full, 1.5 million shares, or 2.94%, worth 57.08 million baht.

The Thai stock market index on October 2, 2026 closed at 1,571.62 points, up 7.71 points or 0.49%, with trading value of 71.09 billion baht. Foreign investment flowed out toward U.S. government bonds, which offer lower risk and yields above 5%, while Thai stocks still await third-quarter 2026 earnings. PTT Oil and Retail Business, or OR, sent positive signals as it prepares for a tourism recovery that is driving growth in jet fuel sales. It has also pinned its flag in Phuket and is pressing ahead with budget hotels, gradually opening them in 2027-2028, with a target of 50 locations by 2031. The first phase will pilot six model hotels in high-potential locations: Phuket, Kanchanaburi, Phra Nakhon Si Ayutthaya, Songkhla (Hat Yai), Chonburi and Bangkok, to extend the business and turn PTT Station service stations into safe, standardized overnight stops nationwide. Meanwhile, ITEL won a big project from the Provincial Electricity Authority, or PEA, to organize communications cables across two regions, the central and southern regions, with a combined value of more than 266 million baht, reflecting confidence in its potential and experience in managing communications infrastructure, and positioning it to pursue future telecommunications infrastructure projects. WP completed its share buyback plan as scheduled, repurchasing the full 15,000,000 shares, or 2.94%, for an investment value of 57.08 million baht. CEO Chomkamol Poompanmoung is confident the move will build investor confidence and lift return on equity and earnings per share, while the company proceeds with this year's business plan, targeting LPG sales of 770,000 tons and focusing on expanding the domestic market alongside its rooftop solar business. BA, Bangkok Airways, is passing on something special to thank passengers on the occasion of winning the World's Best Regional Airline and Best Regional Airline in Asia awards from the SKYTRAX World Airline Awards for the 10th consecutive year, with the Lucky TEN campaign, building on the Thank You for 10 Amazing Years campaign launched last September. It invites passengers to join a draw for the right to buy tickets at a special 90% discount, or pay only 10% of the Web Promo (P-Q Class) fare, on five domestic routes, limited to just 200 entitlements, from October 5-9, 2026 only.

WP Energy Public Company Limited, or WP, closed its share buyback programme for financial management on 24 September 2026, repurchasing the full 15,000,000 shares, representing 2.94% of total issued shares, with a total investment value of 57,084,060 baht out of a maximum buyback budget of no more than 63,000,000 baht under the programme approved by the board at its 6/2569 meeting. Ms. Chomkamol Poompanmuang, Chief Executive Officer of WP, said the buyback will help put excess liquidity to productive use and increase shareholder return on equity, or ROE, as well as net profit per share, or EPS. She also stressed that the company continues to press ahead with its 2026 business plan, targeting LPG sales of 770,000 tonnes, focusing on the domestic market across the petrochemical, industrial and household sectors, alongside expanding its solar rooftop business and seeking investment opportunities in alternative energy businesses related to its core operations to support future growth.

Stella X Public Company Limited, or STELLA, has announced a major turnaround, with its second-quarter 2026 results returning to a net profit for the first time in 10 years. Kan Danai Phuwasawat, Deputy Chief Executive Officer, said the profit came from the sale of the Legend Siam project asset, valued at 2.45 billion baht, along with the successful unlocking of its debt burden under plan, leaving the company with a stronger financial structure and the liquidity to press ahead at full strength in the real estate business. Meanwhile, Chayo Group Public Company Limited, or CHAYO, is targeting net profit attributable to the parent company of no less than 300 million baht and continued growth of 20% a year, from assets under management currently standing at around 100 billion baht. Krungthai Card Public Company Limited, or KTC, is confident that credit card spending and lending in the second half of 2026 will grow in line with its targets, focusing on customers earning 50,000 baht or more and on first jobbers among the younger generation. WP Energy Public Company Limited, or WP, has signalled continued business growth in the second half under its JUMP+ plan, aiming to upgrade its liquefied petroleum gas, or LPG, business. And Meesuk Solutions Public Company Limited, or HAPPY26, a developer of ready-built warehouses and factories, begins trading on LiVEx on 23 September 2026.

TSE reported a half-year profit of 80 million baht on total revenue of more than 646 million baht. The company plans to move into the health sector, such as fertility technology clinics, or IVF, to add new revenue streams. It also plans to keep expanding production capacity through the Solar Big Lot project and is preparing to take part in clean energy project auctions under the government's power development plan, or PDP 2026. Meanwhile, WP received a certificate for corporate carbon footprint labelling for the year 2569 from the Thailand Greenhouse Gas Management Organization, reflecting its emphasis on sustainable greenhouse gas management. Globlex Securities estimates that the SET Index will swing in a volatile range this week, moving between 1,570 and 1,630 points, pressured by WTI crude oil surging above 100 dollars, while supported by the upward revision of Thailand's GDP to 2.5%. It recommends adjusting portfolios in line with the FTSE Rebalance, with CPN entering and leaving among Large Caps, CPN entering among Mid Caps, and BTS, FTREIT, LH, SCCC, THAI and TU entering among Small Caps.

WP Energy is pressing ahead with its rooftop solar expansion, targeting growth of no less than 10 megawatts in 2026, amid a government policy that is preparing to support household rooftop solar installations with a subsidy of 50,000 baht per household, covering a target of up to 1.5 million households, representing total support of roughly 75 billion baht. Chomkamol Poompanmuang, chief executive officer of WP, said that in the second half of the year the company will continue to expand its rooftop solar business, which will support overall operating results in growing in line with targets. The state is also preparing to coordinate with state financial institutions, namely the Government Savings Bank, the Government Housing Bank, and the Bank for Agriculture and Agricultural Cooperatives, to provide credit support to the public, along with a plan to allow households to sell electricity back into the system, which will shift the role of rooftop solar installers from electricity users to small-scale power producers that can generate income. The final details of the project are still awaiting an official conclusion.

WP Energy Public Company Limited, or WP, has announced a new growth strategy, with Chief Executive Officer Chomkamol Poompanmuang and Police General Dr. Somyot Poompanmuang, the company's new Chairman of the Board, jointly driving the core LPG business while seeking investment opportunities in new businesses to create a New S-Curve. The company aims to maintain the competitiveness of its LPG business through improved operational efficiency, cost and logistics management, and customer base expansion. It is also open to business partners and considering joint investments in promising new businesses, one of which is AI Data Centers, currently under study for opportunities and investment models, including the feasibility of collaborating with specialized partners. All investment projects will undergo careful review of returns, risks, and long-term value creation potential under the concept of Strengthen the Core, Build New Growth, Create Sustainable Value.

WP Energy Public Company Limited, or WP, announced a strategy adjustment for the second half of 2026, no longer focusing solely on increasing LPG sales volume but instead on managing high-potential customers and controlling costs to reduce pressure from price competition. The company maintains its 2026 LPG sales target of 770,000 tonnes and aims for long-term average growth of 2.8 percent per year through its JUMP+ strategic plan, while expanding distribution points and preparing to invest in alternative energy businesses to create new revenue and diversify risk. The company is undergoing a credit rating assessment by TRIS Rating Company Limited to enhance credibility and prepare access to new funding sources. It also received certification as a member of Thailand's Private Sector Collective Action Against Corruption, or CAC, on 30 June 2026, and has completed verified corporate greenhouse gas emissions accounting.

WP Energy Public Company Limited, or WP, reported the results of its share repurchase for financial management on 18 August 2026. The company bought back 4,600,000 shares through the stock exchange at a maximum price of 3.88 baht per share and a minimum price of 3.76 baht per share, for a total value of 17,625,678 baht. This brings the cumulative number of shares repurchased under the programme to date to 5,300,000 shares, or 1.04 percent of paid-up shares, with a total repurchase value of 20,267,260 baht. The buyback programme was approved by the company's board of directors on 25 June 2026, with a maximum of 15,000,000 shares, or 2.94 percent of paid-up shares, and is scheduled to end on 31 December 2026.

WP Energy Public Company Limited reported first-half 2026 net profit of 84.73 million baht, up 20.32% from the same period last year, with total revenue of 8.33 billion baht and total liquefied petroleum gas sales volume of 360,762 tonnes, all from domestic sales. For the second quarter of 2026, the company posted net profit of 40.32 million baht, up 27.13% year on year. The company said the support came from efficient customer portfolio and cost management, reduced price competition, and maintaining market share at 20%. Meanwhile, the rooftop solar power system installation business recognised revenue of 19.89 million baht in the first half, with more than 33 projects already selling electricity commercially, total capacity of 12.74 megawatts, and a target to grow by no less than 10 megawatts in 2026. The company also launched a share buyback programme of up to 15 million shares, with a maximum budget of 63 million baht, from 1 July to 31 December 2026, to enhance shareholder returns and earnings per share.

WP Energy Public Company Limited reported net profit of 84.73 million baht for the first six months of 2026, up 20.32% from the same period last year, with total revenue of 8.33 billion baht and total liquefied petroleum gas sales volume of 360,762 tonnes. For the second quarter of 2026, the company posted net profit of 40.32 million baht, up 27.13% year-on-year, supported by efficient customer portfolio and cost management, as well as revenue recognition from the solar rooftop business worth 19.89 million baht. It currently has more than 33 projects selling electricity commercially, with total capacity of 12.74 megawatts, and targets growth of at least 10 megawatts this year. The company also announced a share buyback programme of up to 15 million shares, with a maximum budget of 63 million baht, from 1 July to 31 December 2026, to enhance shareholder returns.

WP Energy Public Company Limited receives a direct positive boost from government policy, which is set to deploy a 200 billion baht budget from the emergency decree on energy transition borrowing to drive solar rooftop installations through low-interest loan programs offered by state specialized financial institutions. These measures help reduce upfront investment barriers and are likely to significantly accelerate demand for rooftop solar power systems. Currently, WP has 35 commercially operational solar rooftop projects with a total capacity of 10.72 megawatts, and in the first quarter of 2026, this business contributed approximately 10 percent of the company's net profit. Ms. Chomkamol Phumphanmuang, Chief Executive Officer of WP, targets within one to three years for the solar rooftop business to increase its profit share to 30 percent of net profit, highlighting the strength of recurring income from long-term power purchase agreements that enhance earnings stability.