The Company operates green chemicals business and produces the products such as methyl ester, fatty alcohols, refined glycerine and other byproducts.
| 2025 | 2024 | 2023 | 2022 |
|---|
| Revenues | 19,981.77 | 19,114.39 | 17,806.45 | 25,164.57 |
| Expenses | 20,164.08 | 18,699.82 | 17,788.84 | 24,024.16 |
| Net Profit (Loss) | -683.84 | -264.93 | -201.52 | 953.30 |
| Assets | 10,331.50 | 11,338.04 | 13,681.06 | 13,632.71 |
| Liabilities | 1,613.28 | 1,823.01 | 3,861.91 | 3,305.85 |
| Shareholders' Equity | 8,718.23 | 9,515.03 | 9,819.15 | 10,326.86 |
| Operating | 962.10 | -31.38 | 357.37 | 1,746.83 |
| Investing | -414.26 | 1,806.13 | -941.94 | -1,291.65 |
| Financing | -174.81 | -1,810.85 | 284.65 | -568.88 |
| EPS (Baht) | -0.67 | -0.26 | -0.20 | 0.93 |
| GP Margin (%) | 4.09 | 5.96 | 3.39 | 7.83 |
| NP Margin (%) | -3.42 | -1.39 | -1.13 | 3.79 |
| D/E Ratio (x) | 0.19 | 0.19 | 0.39 | 0.32 |
| ROE (%) | -7.50 | -2.74 | -2.00 | 9.39 |
| ROA (%) | -6.96 | -1.15 | -0.46 | 8.39 |
GGC has prioritized elevating strategies to drive the long-term business plan for 2026–2030 by 3 key strategies and enablers:
(1) Enhance Competitiveness - Portfolio Transformation enhancing operational excellence, reinforcing the supply chain management, and achieving commercial excellence & portfolio management.
(2) Growth Portfolio focusing on growth in the BioChemicals capacity expansion, investing in high value products (HPV), also synergy with strategic partners.
(3) Sustainability Development Strategy following sustainability vision with embracing economic, social, and environment aspects under the good corporate governance to become a sustainable company which is nationally and internationally accepted.
Additionally, GGC also drives strategies through 4 key enablers:
(1) Financial Management to align with strategic directions.
(2) Organization & People Transformation developing teams with sufficient and appropriate capabilities to support the company’s growth strategies.
(3) Innovation & Digitalization building databases and digital infrastructure to facilitate strategic decision-making and support effective business growth.
(4) Governance, Risk & Compliance: GRC by efficiently strengthen GRC and internal control with laws and regulations in the transparency and accountability of its operations.
GGC has established the Sustainability Pathways aligns with the ESG concept as 3 dimensions as follows:
Environment Set the target of greenhouse gas emissions 20% reduction in 2030 and achieve the Net Zero (Scope 1&2) and Scope 3 reduction by half in 2050, including Sustainable Water, Waste Management and Product Stewardship.
Social Build cooperation with stakeholders throughout supply chain and transform CSR to Creating Shared Value (CSV) including Social Enterprise (SE). Also, commit to operate Human Right in accordance with UNGP.
Governance Operate with honesty transparency and fairness, develop innovation and sustainability framework as the guideline of laws and regulations both nationally and internationally.
- Credit rating is classified as “A-(tha)” National Rating; Outlook Stable by Fitch ratings
- S&P Global : Recognized for the 3rd consecutive year and ranked 2nd within the Chemical Industry sector.
- CDP Climate
- ECOVADIS Sustainability Rating: Achieved Gold Medal level
- Sustainability Disclosure Award: Received for the 4th consecutive year
As for performance in FY2025, total revenue of THB 19,909 million, Adjusted EBITDA of THB 700 million, increased by 26% YoY from an increase in the selling price of fatty alcohols aligned with the upward trend in CPKO prices. When included the effect of Stock Loss & NRV of THB 82 million, the Company reported EBITDA of THB 618 million. In addition, the Company recorded extra items which are the adjustment of the recognition of the fair value of the mortgaged land in 3Q2025 of THB 231 million, resulting in the net loss of FY2025 of THB 684 million.
GGC has risk management system according to international standards COSO (ERM 2017), ISO 31000:2018 and the 2017 Thai Corporate Governance Code for Listed Companies, as well as anti-corruption practices. The enterprise risk management system is fully integrated with policies, laws, regulations, and standard operating procedures, incorporating corporate governance, integrated risk management, internal controls, and governance, risk, and compliance (GRC). This comprehensive approach enables the effective prevention, reduction, and mitigation of risks and their potential impacts, ensuring the achievement of strategic objectives and business targets.
| as of 30/12/25 | GGC | PETRO | SET |
|---|---|---|---|
| P/E (X) | - | - | 15.44 |
| P/BV (X) | 0.40 | 0.45 | 1.19 |
| Dividend yield (%) | 2.96 | 3.50 | 3.71 |
| 30/12/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 3,459.99 | 4,299.40 | 9,213.00 |
| Price (B/Share) | 3.38 | 4.20 | 9.00 |
| P/E (X) | - | - | - |
| P/BV (X) | 0.40 | 0.46 | 0.94 |
