Asia Green Energy Public Company Limited

Asia Green Energy Public Company Limited (AGE) has announced its 2026 total revenue target of 17.5 billion baht, aiming for coal sales of 4 million tons. The company plans to expand its customer base both domestically and internationally, particularly in India, Vietnam, the Philippines, and Cambodia, due to the increasing demand for coal in Southeast Asia. Meanwhile, the company is accelerating its portfolio diversification into the Low Emission Mobility business, targeting revenue of 4.2 billion baht and sales of 4,000 EV and hybrid vehicles, leveraging its network of 10 showrooms as a base for market expansion. For the second quarter of 2026, the company reported revenue of 4.9354 billion baht, up 22.8%, and net profit of 134.4 million baht, up 26.9%. In the first six months, revenue was 8.17 billion baht, up 7.4%, and net profit was 236.8 million baht, up 59.2%.

Asia Green Energy Public Company Limited, or AGE, reported second quarter 2026 results with total revenue of 4.935 billion baht, up 53 percent from the previous quarter and up 23 percent from a year earlier. Profit attributable to the parent company was 134 million baht, up 31 percent from the previous quarter and up 27 percent from a year earlier. For the first six months of 2026, total revenue was 8.17 billion baht, up 7 percent from a year earlier, and profit attributable to the parent company was 237 million baht, up 59 percent from a year earlier. The coal business posted revenue of 3.232 billion baht with sales volume of 1 million tonnes in the quarter, and the full year target is 4 million tonnes. The Low Emission Mobility business recorded revenue of 1.329 billion baht, with AGE Auto Gallery targeting 2026 revenue of 4.2 billion baht and sales of 4,000 electric and hybrid vehicles. The company targets total 2026 revenue of 17.5 billion baht and aims for a 50:50 revenue mix from Green businesses by 2030.