BAFS reported its Q2 2026 operating results with total revenue of 839 million baht and net profit of 61 million baht, up 9% from the same period last year. For the first six months, net profit was 212 million baht, up 7%. The company is advancing its JUMP+ strategy, aiming to increase total revenue to 4.3 billion baht by 2028, up from 3.669 billion baht in 2026. The Northern Oil Pipeline Phase 3 project, or "Link Line," is 93% complete and is expected to start operations by the end of 2026, adding 800 million liters of oil transport capacity and boosting market share to 62% by 2027. Meanwhile, the clean energy business has a total installed capacity of 55 megawatts, and the Surat Thani waste-to-energy plant project is 81% complete, with commercial operations expected in December 2026. Additionally, AOT has granted BAFS a temporary extension to operate refueling services at Suvarnabhumi Airport for up to 3 years and 6 months. The company also announced an interim dividend of 0.13 baht per share, an increase of 18%.
Bangkok Aviation Fuel Services Public Company LimitedBAFS reported higher net profit, increased dividend, and progress on JUMP+ strategy and pipeline projects.
Airports Of Thailand PCL