Asia Green Energy reports strong Q2 2026 growth

Asia Green Energy Public Company Limited (AGE) reported strong financial results for the second quarter of 2026. Total operating revenue reached 4,935 million baht, representing a 53% increase from the previous quarter and a 23% increase from the same period last year. Net profit attributable to the parent company rose to 134 million baht, up 31% from the previous quarter and 27% year-on-year.

For the first six months of 2026, the company recorded total operating revenue of 8,170 million baht, a 7% increase from the previous year, with net profit rising 59% to 237 million baht.

The company’s revenue is driven by four main business segments. The coal business generated 3,232 million baht with sales volume of 1 million tons this quarter, with an annual target of 4 million tons. The Low Emission Mobility segment, which includes EV and hybrid vehicle dealerships and EV taxi rentals through AGE Auto Gallery, contributed 1,329 million baht. Other segments include Smart Logistics, which earned 124 million baht, and Sustainable Energy, which earned 251 million baht.