ATLAS Joins JUMP+ Project and Targets 35% Revenue Growth by 2028

Suwatchai Pitakwongsaporn, Chief Executive Officer and Managing Director of Atlas Energy Public Company Limited (SET: ATLAS), the distributor of liquefied petroleum gas (LPG) under the “PT” brand, revealed that the company has joined the “JUMP+” project of the Stock Exchange of Thailand to enhance sustainable growth. The company has formulated a business plan, a governance plan, and a climate plan with clear and measurable growth within three years (2026-2028).

The business plan to increase the company’s value includes the following strategies:

1. Focusing on increasing production capacity by developing and expanding filling plant networks in strategic areas nationwide to meet the continually rising demand for LPG in the household sector.

2. Expanding LPG and oil mixed service stations to increase sales points and upgrade services for automotive gas users, alongside fuel oil users, addressing the diverse needs of vehicle users today and enhancing convenience with a one-stop service. This also involves developing a safe and standardized fuel distribution system.

3. Strengthening the company’s financial stability.

The company’s financial target is to achieve a total revenue growth of approximately 25 – 35% in 2028, or around THB 14,958.5 – 16,155.2 million, up from THB 11,966.8 million in 2025. The growth will be driven by strategies to reinforce leadership in LPG distribution, expand networks and customer bases across all groups, improve cost and operational efficiencies, and invest in infrastructure, logistics systems, and digital technology to support long-term growth within an ecosystem that strengthens the company’s competitive edge and sustainability.

The governance plan includes diversity of the board to provide multi-dimensional perspectives on key issues and enhance decision-making efficiency, operating the business with transparency, and committing to anti-corruption. The company intends to join the Thai Private Sector Collective Action Against Corruption (CAC) to raise the organization’s governance standards.

The climate plan involves starting a greenhouse gas inventory (GHG Inventory) project to demonstrate environmental responsibility, focusing on collecting and reporting GHG emissions in at least scope 1 and 2, according to the guidelines of the Thailand Greenhouse Gas Management Organization (TGO). This will serve as a database for setting guidelines to reduce greenhouse gas emissions and drive sustainable growth in the future.

The management team believes that joining the Jump+ project will be a crucial strategy for increasing the company’s value, ensuring significant and continuous growth, profitability, operational efficiency, and a commitment to governance and transparency, ultimately strengthening investor confidence and trust.