Teera-Mongkol Industry Public Company Limited

Gulf Energy Development Public Company Limited, or GULF, reported a record-high operating profit of 12.3 billion baht in the second quarter of 2026, up 74% from the same period last year, driven by its energy business and share of profit from ADVANC. In the second half, it plans to start commercial operation of an additional 700 megawatts of power plants and targets 12-15% growth in total revenue and EBITDA this year. ADVANC announced a second-quarter 2026 profit of 13.7 billion baht, up 25%, with its 5G user base surpassing 19.7 million and an interim dividend of 8.69 baht per share. TRUE is still awaiting clarity on the China Mobile issue. OR swung to a loss of over 1.77 billion baht in the second quarter of 2026 due to inventory valuation losses from falling global oil prices, even though revenue grew to 205 billion baht and Cafe Amazon achieved record sales of 117 million cups. MEDEZE reaffirmed its leadership in stem cell banking with international standards. NER is confident that third-quarter 2026 results will recover in line with rubber prices, despite cutting its sales volume target to 440,000-450,000 tons while maintaining its 2026 revenue target of 30 billion baht. KUN reported first-half revenue of 278 million baht, up 40%, driven by demand for detached houses priced at 5 million baht and above. TEKA reported a 66.8% surge in first-half 2026 profit to 40.46 million baht, with revenue exceeding one billion baht. SYNEX announced a second-quarter 2026 net profit of 224 million baht, up 17.8%, and an interim dividend of 0.10 baht per share, with the XD date set for August 19. PCE is confident that the palm oil industry will be supported by global palm prices and B7-B20 policies. TMI is accelerating resolution of power plant issues and sustaining its lighting equipment business. SPVI is unfazed by Apple's iPhone price adjustments, noting that it supports margins through selling price adjustments. POLY is benefiting from TOYOTA's sales dominance in the Thai auto market, pushing the revenue share of its automotive group past 60%. ALPHAX is expanding into the Lao financial sector with digital transformation and AI. AURA is preparing to offer its first bond issuance of 2026 to expand its gold ornament sale-with-repurchase portfolio.

TMI is currently expediting the resolution of issues and improving the efficiency of certain power plants that still face disruptions, with completion expected by the third quarter of 2026. The company now operates three biogas power plants with a total capacity of 5.4 megawatts, comprising a 1.4-megawatt plant in Chumphon province, a 1-megawatt plant in Samut Sakhon province, and a 3-megawatt plant in Suphan Buri province. For the lighting equipment business, the outlook for the third quarter of 2026 is expected to remain flat due to the economy and purchasing power that have yet to recover. Meanwhile, several government project auctions continue to be postponed pending the fiscal 2027 budget allocation, but the company believes it remains competitive and is ready to bid as soon as projects open. In the first quarter of 2026, the company posted a net profit of 14.78 million baht, up 30.91 percent from the same period last year, with total sales revenue of 145.29 million baht and total cost of sales declining 13.83 percent to 84.33 million baht.