Suwatchai Pitakwongsaporn, Chief Executive Officer and President of Atlas Energy Public Company Limited (SET: ATLAS), revealed that the outlook for operating results in 2Q26 is expected to continue growing from the previous quarter. This is supported by the LPG business, which remains the company’s main and strong operation, and increasing customer demand across all business units, whether in the household, industrial, or automotive sectors.
The company also recognizes ongoing revenue from the advertising media business, with a growing customer base from both existing and new clients. Demand for LPG fuel system installations has particularly surged as consumers are affected by persistently high oil prices, leading many to seek alternative ways to reduce energy costs. Advertising media in petrol stations and outdoor advertising are also contributing positively.
Currently, more car users are interested in installing LPG systems to reduce expenses. The company is therefore accelerating service expansion and launching marketing campaigns to meet rising demand, targeting 1,000 LPG fuel system installations per month. In March 2026, the average was around 800 cars, up from about 400 cars per month at the beginning of the year, said Suwatchai.
For the overall operation in 2026, the company is confident it can continue to achieve planned growth, targeting an LPG sales growth rate of 10 – 12% from the previous year. This is attributed to an expanding customer base, new revenue channels, and efficient cost management, enhancing sustainable long-term growth. The company has set an investment budget of THB 1,000 – 1,500 million for 2026, preparing to expand 8 – 10 service stations and 130 – 150 retail outlets for LPG cylinders.
Nevertheless, the company remains committed to strengthening its core business under the “Creative Energy Retail” concept, aiming to expand market share across all segments. The primary strategy focuses on the household sector, which still possesses significant growth potential due to the company’s competitive edge, supported by innovative ALUMAX gas tanks technology and high service standards.
In 1Q26 (ending 31 March 2026), the company posted a net profit of THB 73.3 million, an increase of 35% from the same period last year. Total revenue from goods sales and services reached THB 3,032.3 million, up 4.3% year-on-year, while the net profit margin improved to 2.4% compared to 1.9% in the previous year.
