UAC Global Public Company LimitedUAC
▲ PositiveCapitalrelevance
Q2 profit up 30.77% and EBITDA up 33.95% on strong petroleum segment.
Impact on stocks 1
Energy Transition & Power Demand
UAC Global Public Company LimitedUAC Global reported second-quarter profit attributable to shareholders of 33.97 million baht, up 30.77% from a year earlier, with EBITDA of 98.76 million baht, up 33.95%, driven by the manufacturing-petroleum business, whose first-half revenue rose 78.93% on well improvements, beam pump installation and higher global crude oil prices. Although total first-half revenue fell 26.68% to 694.87 million baht as the trading segment slowed, the company posted gross profit of 227.89 million baht and EBITDA of 180.73 million baht, with cash of 391.58 million baht and a debt-to-equity ratio of 0.81 times, below its ceiling of 2 times. First-half finance costs fell 44.15% to 13.16 million baht after repaying debentures last year.
UAC Global Public Company LimitedQ2 profit up 30.77% and EBITDA up 33.95% on strong petroleum segment.