ATLAS Signals Strong Third Quarter of 2026, Pushes Into Household LPG Market With Double-Digit Sales Growth Target

EarningsIndustry
โดย HoonVision·TH·Read original
Summary · why it matters

Atlas Energy Public Company Limited, or ATLAS, a distributor of liquefied petroleum gas (LPG) under the PT cooking gas brand, is signalling improved operating results for the third quarter of 2026. Suwatchai Phithakwongsaporn, Chief Executive Officer and Managing Director, said LPG consumption continues to expand on higher demand across all segments, including households, industry and vehicles. The company will also begin recognising revenue from three additional LPG filling plants, which will boost service capacity and support continued sales volume growth. ATLAS currently holds the leading position in the automotive LPG market and is preparing to expand into the household LPG market, which has a market size of more than 2 million tonnes per year. It aims to increase its household market share from 4.8% as of the second quarter of 2026, alongside a plan to expand its Gas Shop network by another 130 to 150 branches within 2026, after adding 72 branches in the second quarter of 2026, the first half of this year, bringing the total to 525 branches. The company is also the only operator producing the Alumax LPG cylinder, a seamless aluminium cylinder that is lightweight and highly durable, improving safety and setting it apart from ordinary cooking gas cylinders on the market. For 2026, the company is confident sales will grow at a double-digit rate and that gas sales volume will exceed 450,000 tonnes, in line with its target.

Impact on stocks 1

Energy · 1 stocks
Atlas Energy Public Company Limited
ATLAS
▲ PositiveDemandSupplyrelevance

LPG consumption expanding across households, industry and vehicles, with double-digit 2026 sales growth target and volume above 450,000 tonnes.