WP-6M25-Listed Company Snapshot-EN

WP : WP ENERGY PUBLIC COMPANY LIMITED

6M/2025 (Jan - Jun 2025)

A leading LPG distributor under the brand, ‘Worldgas,’ WP Energy has serviced the Thai people for over 46 years and has expanded into renewable energy businesses such as solar rooftops, under the slogan, ‘Together, Create Smiles.’

	6M25	6M24	2024	2023

Revenues	8,769.39	9,396.64	19,021.96	18,183.97
Expenses	8,669.83	9,296.95	18,817.33	17,995.56
Net Profit (Loss)	70.42	69.33	143.73	125.45

Assets	6,704.05	6,842.02	6,907.56	7,178.29
Liabilities	5,486.52	5,596.14	5,588.29	5,856.95
Shareholders' Equity	1,217.25	1,240.17	1,313.03	1,313.77

Operating	301.91	214.67	402.00	561.56
Investing	-36.66	-85.26	-302.77	-424.23
Financing	-209.55	-197.43	-262.73	-244.35

EPS (Baht)	0.14	0.13	0.28	0.24
GP Margin (%)	3.94	3.44	3.59	3.75
NP Margin (%)	0.80	0.72	0.74	0.67
D/E Ratio (x)	4.51	4.49	4.24	4.43
ROE (%)	11.79	10.20	10.94	9.42
ROA (%)	3.02	2.80	2.91	2.65

In the first half year 2025, the Group intends to expand distribution of liquefied petroleum gas (LPG), which is considered the main business under the brand "World Gas,". In the first half year, the group was operation filling plant and terminal expanded to "Phichit Province" and the group has 177 filling plants in network and own 5 terminal to support the group's strategy of expanding distribution channels around the country.
Expanded product, "Canned Gas" under "Worldgas" band to the group's modern trade, easy to carry for camping, parties and BBQs.
Expanded Renewable Energy industry focused on solar rooftops, and plan to new business other energy industry in trend "Sustainable"
In response to its sustainability strategy, the Group aims to boost net profit margins by enhancing sales performance through efficient cost management and structured customer portfolio management by raising marketing activities both online and offline.

The Group focuses on addressing the demands of clients in terms of product and service quality by believing in clean energy and striving to build good and safe products and services with a dedication to sustainability that the firm "Safe and Reliable Electricity for a Sustainable Future" is our pledge to produce "Safe and Reliable Power for a Sustainable Future."
The Group has integrated sustainability to operations that consider environmental, social, and governance (ESG) factors. ensuring sustainable operations and creating long-term value for society and the business.
The Group aims to list the company as a sustainable stock in SET ESG Ratings in future, focusing on sustainable growth in all 3 dimensions to employees at every level of the organization.
The company join the FTSE Russell assessment in 2025 on a voluntary basis to prepare for and enhance its business in line with SET’s international assessment standards.

Total sales volume in the first half of 2025 amounted to 381,828 tons, comprising 371,881 tons of domestic sales and 9,947 tons of export sale, decreased a 7.33% compared to the first half of 2024.
in the first half of 2025 revenue from sale and service was 8,639 million baht.
Total net profit in the first half of the year was 70 million baht.
Strong capital structure with low interest-bearing debt to total equity of 0.30 as of 30 June 2025.
No.2 with LPG Market share under "worldgas" brand in H1 2025

Total revenue for the first half of 2025 amounted to 8,769 million baht, decreased 6.68% compared with the same period in 2024.
Net profit was 70 million baht in the first half of 2025, an increase of 1.58% or 1.1 million baht compared to the same period last year.
Total revenue from sales and services was 8,639 million baht in the first six months of 2025, decreased 6.80% from 9,269 million baht in the first half of 2024.
The decrease in revenue from sales and services in the first half of 2025 was mainly due to a decline in export sales volume. The company has a total sales volume of 381,828 tons, comprising 371,881 tons of domestic sales and 9,947 tons from export sale. In the second quarter, no exports were made due to an oversupply issue in Vietnam. This resulted in a decline in the company’s total sales volume compared to the same period of the previous year.
The group’s EBITDA in the first half of 2025 was 308 million baht, a decrease of 2.14% compared to year on year.

The group was still able to achieved domestic sales of 371,881 tons and export sales of 9,947 tons in the first half of 2025. Although export sales volume declined significantly this year, the group continues to hold a 20% market share in Thailand.

The Group manages credit risk by choosing to conduct transactions with financial institutions that receive at least an ‘A’ score from reputable independent rating agencies.
For customer transactions, the Group will also adhere to ratings by respected independent agencies. In instances where there are no ratings available, the Group will assess risks based on the customer’s financial position, and establish a credit limit based on the risk assessment. Managers in relevant business units will also conduct regular checks to ensure that credit is not concentrated in one particular customer group or industry.
As for bond investments, the Business Group and Company consider these to be low risk investments, and regularly undertake credit ratings on these investments to monitor for any increases in risk.

WP Energy Public Company Limited has received the award of success to continue the goal as “the leading company in the integrated energy business of Thailand” that drives the business sunder the positive thinking power together with the care and concern on the maximum product safety in production, which constantly builds customers’ relief and confidence with good feedback. The successes in the first half year are as follows:

WP Solar for Good Project
A company qualified to take part in the 2026 FTSE Russell assessment.

as of 30/06/25	WP	ENERG	SET
P/E (X)	12.20	11.94	14.76
P/BV (X)	1.35	0.87	1.03
Dividend yield (%)	8.38	5.23	4.39

	30/06/25	30/12/24	28/12/23
Market Cap (MB)	1,827.61	1,776.56	2,011.78
Price (B/Share)	3.58	3.48	3.88
P/E (X)	12.20	12.53	19.87
P/BV (X)	1.35	1.39	1.51

Miss. Chomkamol Poompanmoung (21.55%)

Mr. Aiyawatt Srivaddhanaprabha (16.65%)

Mr.Rachata Poompanmuang (13.71%)

Mr. Chatchaival Jiaravanon (7.31%)

Krungthai Bank PCL. (3.96%)

Others (36.82%)

http://www.wp-energy.co.th

ir@wp-energy.co.th

0-2272-3322 to 1209

1 Eastwater Building, 15/F Vibhavadi Rangsit Soi 5, Vibhavadi Rangsit Road, Chom Pon Sub-district, Chatuchak District Bangkok 10900

Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp?txtSymbol=WP

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