Thai Agro Energy Public Company Limited

Thai Agro Energy Public Company Limited, or TAE, announced an interim cash dividend of 0.05 baht per share, following a board resolution on 20 August 2026. The dividend will be paid from net profit from promoted businesses at 0.05 baht per share and from non-promoted businesses at 0.00 baht per share, for the operating period from 1 January 2026 to 30 June 2026. The company set the ex-dividend date on 4 September 2026, the record date on 7 September 2026, and the dividend payment date on 18 September 2026.

Thai Agro Energy Public Company Limited, or TAE, reported a net profit for the first six months of 2026 surging over 1,061.42% to 225.26 million baht, compared to a loss of 23.43 million baht in the same period last year. Total revenue reached 1.273 billion baht, up 19.32%, while cost of sales fell by 92.58 million baht, or 9.10%, despite higher sales, reflecting cost management and production efficiency. For the second quarter of 2026, net profit stood at 99.58 million baht, a 540.81% increase from a loss of 22.59 million baht a year earlier. Total revenue was 651.25 million baht, up 9.55%, and gross profit margin jumped to 24.63% from just 0.95% in the second quarter of 2025. Senior CEO Kaona Deelun disclosed that the company's success came from developing innovative high-margin by-products, such as potassium fertilizer from wastewater and carbon dioxide, which have almost no cost and help reduce waste disposal expenses. The company aims to increase the revenue share from by-products to reduce volatility from ethanol prices and transition into a full-fledged biorefinery.