TPCH shares tumbled 21.99% to 1.10 baht, down 0.31 baht, with a trading value of 1.97 million baht as of 10:05 a.m., after TPC Power Holding reported a second-quarter 2026 loss of 567.92 million baht, compared with a profit of 31.43 million baht in the same period last year. The main reason was a provision for credit losses on loans to related parties and accrued interest totaling 609.85 million baht. Meanwhile, the core business posted an operating profit of 6.60 million baht. Revenue from electricity sales fell 10.9% from the previous quarter to 503.90 million baht, as the PTG power plant temporarily halted operations due to unrest in the area and the MWE project reduced its run rate. The company is accelerating repairs and gradually resuming operations, while also proceeding with the sale of its investment in the IWP wind power project in Cambodia, where interested parties are in talks and a share deal is expected to be completed in 2026.
TPC Power Holding Public Company LimitedQ2 2026 loss of 567.92 million baht due to credit provisions, causing shares to plunge 22%
