SMO signals strong Q3 recovery, invests 130 million baht in new factory

EarningsCorporate Action
โดย thunhoon.com·TH·Read original
Summary · why it matters

SMO expects its Q3/2026 performance to recover from the previous quarter, benefiting from increased crude palm oil exports as exchange rates stabilize. The company is investing 130 million baht to build a new palm kernel oil production plant with a capacity of 300 tons per day to support future growth. Meanwhile, its bio-power business remains constrained by a PPA quota of 14 megawatts, but the company is ready to compete for new PPAs in 2027 to expand its biomass and biogas capacity across three branches. If approved, this would nearly double its total production capacity.

Impact on stocks 1

Energy Transition & Power Demand · 1 stocks