Banpu stock reports Q2 profit after amalgamation

Published on 10/07/2026 at 00:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banpu stock posted Q2 sales of USD 1,438 million on August 10, 2026, up 16 percent year over year. Net profit reached USD 49 million.

Banpu, TH0264010Z10, Illustration mit AI erstellt.

Banpu stock (ISIN TH0264010Z10) was last at THB 14.20 on the Stock Exchange of Thailand on October 6, 2026, down 0.70 percent from THB 14.30. The company entered its first full reporting cycle after the July 31 amalgamation of Banpu and Banpu Power, while second-quarter results showed a return to profit.

Q2 profit follows amalgamation

According to Quartr, Banpu generated USD 1,438 million in sales and service income in Q2 2026, up 16 percent from Q2 2025. Gross profit rose 26 percent to USD 318 million, giving the quarter a clearer operating recovery than the headline profit alone suggests.

Net profit attributable to owners reached USD 49 million in Q2 2026, compared with a USD 29 million loss in Q2 2025. EBITDA was USD 327 million, while total assets stood at USD 14,423 million on June 30, 2026, up 3 percent from the end of 2025, according to Quartr.

Consensus target exceeds price

Investing.com lists a Buy consensus from 8 analysts, with 5 Buy ratings, 3 Hold ratings and 0 Sell ratings. The average 12-month target is THB 15.34, with a high of THB 20.00 and a low of THB 6.50.

Against the THB 14.20 price on October 6, 2026, the average target lies 8.03 percent above the price. The spread between THB 6.50 and THB 20.00 also shows that the consensus carries a wide range of assumptions about coal, gas and power earnings.

SET value and operating base

Banpu's market capitalization was THB 142.3 billion on October 6, 2026. The share traded within a 52-week range of THB 4.24 to THB 15.90, placing the latest price THB 1.70 below the yearly high and leaving the stock sensitive to energy-price expectations.

The company's investor-relations page identifies SET as the listing venue and describes a portfolio spanning coal, gas, power, renewables, carbon capture and battery storage. Its calendar names an Opportunity Day for Q3 2026 on November 18, 2026, according to Banpu.

Banpu stock stays below yearly high

Banpu stock was last at THB 14.20 on SET on October 6, 2026 at 4:37 p.m. ICT, with volume of 5,726,439 shares. The next dated company checkpoint is the November 18, 2026 Opportunity Day.