Tipco Asphalt Public Co. Ltd. · SET:TASCO
Tipco Asphalt Public — Q2 2026 Earnings Presentation
18 slides from Tipco Asphalt Public's earnings presentation, Aug 13, 2026
Slide 1: Q2/2026 Performance
Q2/2026 Performance
Slide 2: Disclaimer
Disclaimer This presentation material has been prepared solely for informational purposes only. TASCO is furnishing it solely for use by prospective investors/analysts in the proposed event. TASCO makes no representations or warranties as to the accuracy or completeness of such information. By accep
Slide 3: Agenda
TASCO 01 Q2/2026 Highlights 02 Financial Performance AGENDA 03 Sustainability 04 Outlook
Slide 4: Q2/2026 Highlights
TASCO Q2/2026 HIGHLIGHTS TIPCO
Slide 5: Q2/2026 Highlights
Q2/2026 HIGHLIGHTS DOMESTIC MARKET The volume decreased as market price volatility, driven by supply chain disruptions arising from the Hormuz crisis, created periods of both supply shortages and temporary oversupply during the period. INTERNATIONAL MARKET Overall sales volume remained comparable to
Slide 6: Financial Performance
TASCO FINANCIAL PERFORMANCE
Slide 7: Revenue and Sales Volume
REVENUE AND SALES VOLUME Asphalt Sales Volume Asphalt Business – Sales & Service Revenue Unit: Mil. Tons 2026 2025 Unit: Mil. THB 2026 2025 8% -7% 13,814 12,844 0.53 0.57 -8% 17% 0.28 0.29 0.29 0.32 0.25 0.28 6,727 6,780 7,087 6,064 5,865 6,377 Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD Construction Business -
Slide 8: Gross Profit and Selling Price
GROSS PROFIT AND SELLING PRICE Operating Gross Profit Average Selling price Unit: Mil. THB 2026 2025 Unit: USD/bbl. 19% vs Q1 26 13% 1,642 105.0 1,453 95.7 17% 97.3 90.3 91.9 797 845 88.2 730 723 85.0 459 80.8 314 78.4 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q1 Q2 Q3 Q4 YTD Gross Profi
Slide 9: SG&A and Net Profit
SG&A AND NET PROFIT SG&A %SG&A Unit: Mil. THB 2026 2025 % to sales 2026 %to sales 2025 -0.5% 609 612 4.7% 6% 4.3% 4.3% 4.3% 4.1% 285 306 324 306 290 4.2% 276 4.0% 3.8% Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD NET PROFIT EBITDA 2026 2025 Unit: Mil. THB 2026 2025 Unit: Mil. THB 1% 4% 1,671 1,655 5% 4% 879 844
Slide 10: Key Financial Ratios and Dividend
KEY FINANCIAL RATIOS AND DIVIDEND Debt / Equity Ratio Return on Equity1/ Return on Asset2/ 2026 2025 Unit: % 2026 2025 Unit: % 0.68 0.59 14.2 0.56 0.54 0.53 11.2 10.5 7.5 7.9 7.5 10.2 12.1 7.0 9.1 6.9 6.5 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1/ Return is based on sum of last 12 mont
Slide 11: Sustainability
TASCO SUSTAINABILITY
Slide 12: Renewable Power Reaches a New High
RENEWABLE POWER REACHES A NEW HIGH % Electricity consumption from renewable energy Unit : % Thailand Malaysia Total 16% 15% Percentage of total electricity consumption from 14% 14% 14% 12% renewable energy has increased from 13.8% in 7% Q1 2026 to 14.7% in Q2 2026 4% 2% 1% 0% 0% Q4 2025 2025 Q1 2026
Slide 13: Partnering for Greener Roads
PARTNERING FOR GREENER ROADS The Company has proactively worked with authorities to advance our low-carbon products, aligning with the Department of Highways' 6 pillars for low-carbon and sustainable highways. WMA (Warm Mix Asphalt) WMA requires lower temperatures during the mixing, 01 transportatio
Slide 14: Outlook
TASCO OUTLOOK
Slide 15: Outlook Summary
OUTLOOK SUMMARY Feedstock Domestic Market International Market As a result of the US government The Thai market is expected to weaken Demand in key retail markets is in Q3 compared with the previous expected to be higher than in the permitting the trade of Venezuelan crude previous quarter as contra
Slide 16: Q&A
TASCO Q&A
Slide 17: IR Contact
TASCO IR CONTACT Proud Teuytowong +66 2 273 6563 investors@tipcoasphalt.com www.tipcoasphalt.com Share your feedback with us by scanning the QR code https://www.facebook.com/tipcoasphalt
Slide 18: Thank You
THANK YOU www.tipcoasphalt.com