Bangchak Sriracha Public Company Limited (SET: BSRC) has announced its 3Q25 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 3Q25 | 3Q24 |
| Net Profit (Loss) Million Baht |
343.11 | -1,735.13 |
| Earning Per Share (Baht) |
0.1000 | -0.5000 |
| 9 Months | 2025 | 2024 |
| Net Profit (Loss) Million Baht |
-1,459.81 | -658.79 |
| Earning Per Share (Baht) | -0.4200 | -0.1900 |
| % Change | -121.59 | |
BSRC reported a net profit of THB 343 million, reflecting an increase of THB 2.07 billion compared to a net loss of THB 1.73 billion in 3Q24, primarily due to higher refining margins, supported by improved diesel and jet fuel crack spreads, and lower inventory loss despite unrealized oil hedging loss from crude price volatility.
As for finance costs, the expenses decreased by THB 92 million primarily due to lower loan balance and the repayment of long-term debt through debenture refinancing combined with a decline in the policy interest rate.
The company also reported a revenue of THB 52.67 billion, decreased by THB 4.89 billion, compared to a revenue of THB 57.56 billion in 3Q24, primarily due to lower market selling prices in line with global oil price trends, despite higher sales volume.
As for Operating Gross Refining Margin (GRM), the ratio was $6.7/BBL, $5.1/BBL higher from 3Q24, mainly from higher middle distillate product spreads and lower crude premiums.
