Applied DB Public Company Limited, or ADB, reported a second-quarter 2026 net profit of 41.27 million baht, up 867% from the same period last year, on revenue of 277.73 million baht, a 50% increase driven by strong demand in the energy and electronics industries, along with profit recognition from its joint venture ADBS, which is a partnership with Japanese giant AICA. Profit from ADBS in the quarter came in at 9.89 million baht, a 70% rise. For the first half, ADB posted a net profit of 58.52 million baht, up 287%. The board approved an interim dividend of 0.03 baht per share and the issuance of free warrants, ADB-W1, to existing shareholders at a ratio of two existing shares for one warrant, with an exercise price of 1.55 baht per share and a term of up to two years, to fund business expansion. The company expects continued growth in the second half, focusing on expanding the proportion of wire and cable-grade plastic pellets through retail channels to capitalize on the AI data center and EV trends.
Applied DB Public Company LimitedQ2 profit surged 867% on strong demand and JV income, plus interim dividend and free warrants.
Aica Kogyo Company, LimitedADB's JV with AICA contributed higher profit, reflecting AICA's stake value.
