Petchsrivichai Enterprise Public Company Limited, or PCE, expects total revenue for 2026 to grow 10-15% compared with the same period a year earlier, when revenue stood at 30.55 billion baht. Mr. Prakit Prasitsupphaphol, Chief Executive Officer and Managing Director, disclosed that sales in the third quarter of 2026, which falls during the rainy season, are likely to be flat compared with the second quarter of 2026, and will accelerate in the fourth quarter of 2026, the high season for economic activity, tourism, and the New Year festival. The company is confident that its gross profit margin will grow by a double-digit rate. In the first half of 2026, PCE recorded a net profit of 220.91 million baht, up 36% year on year, while in the second quarter of 2026 net profit was 214.20 million baht, up 60.2% year on year, and the gross profit margin rose to 5.4% in the first six months of 2026 from 2.0% a year earlier. This was supported by an increase in the share of high-value products, especially B100 and RBDPO. The company sells B100 according to customer orders and usage demand, with forward purchase agreements in place with Major Oil. In the production of palm cooking oil under the Rinthip brand, the company has expanded its distribution channels to cover distributors, modern trade, and modern retail outlets such as 7-Eleven, CJ More, and department stores nationwide, while also targeting Japanese restaurants, which place importance on raw material quality and food standards. The company is also closely monitoring the El Nino phenomenon, and assesses that palm output in 2027 will decline by about 10-15%. It is therefore continuing to expand palm fruit purchasing points from farmers' plantations, along with a plan to expand the phase 3 extraction plant, raising fresh palm fruit processing capacity from 150 tons per hour to 225 tons per hour and increasing CPO production capacity from 300 tons per day to 700 tons per day, so as to produce more than 900 tons of crude palm oil per day on its own. It also has a project to upgrade its refinery with CPO Washing and Double Refine technology to raise output to High-Quality RBDPO to serve the premium market, with commercial operation scheduled for the second quarter of 2027.
PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITEDPCE guides 2026 revenue growth of 10-15% and double-digit gross margin growth, with H1 net profit up 36% YoY.
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