Autocorp Holding Public Company Limited

AutoCorp Holding Public Company Limited, or ACG, reported its highest profit ever since listing on the stock exchange, driven by its car dealership business, which has grown and remained consistently profitable. Its independent auto service center business, Autoclick, is still loss-making, but its loss rate has narrowed markedly, lifting the company's consolidated financial statements. The company expects earnings this year to grow from last year. For the fourth-quarter outlook, services are expected to benefit from demand to repair vehicles damaged by flooding, especially at Autoclick, which currently has 8 branches in Bangkok and its vicinity and expects more vehicles to come in for service once floodwaters recede. Chief Executive Officer Phanumas Rangkakulnuwat said that by around mid-2027, the company expects cash flow from operations to be sufficient to fund working capital and business expansion on its own, without relying on bank credit lines, which will help reduce interest expenses. The company believes its financial position is strong enough that it does not need to raise a large amount of capital. In its services business, the company is focusing on sales promotion campaigns and customer assistance measures rather than raising prices; while unit margins may not increase, this will help drive sales volume higher. Most recently, the company has moved forward with assistance for car users affected by flooding, offering advice and basic help free of charge, and Autoclick is letting car users bring their vehicles in for a free 37-point vehicle inspection at every Autoclick branch.

AutoCorp Holding Public Company Limited, or ACG, reported net profit of 11.72 million baht for the second quarter of 2569, up 81.99% from 6.44 million baht in the second quarter of 2568. For the first six months, net profit was 21.80 million baht, up 27.04% from 17.16 million baht in the same period last year. Although total revenue in the second quarter of 2569 fell 5.02% to 294.70 million baht, total expenses dropped 6.97% to 275.80 million baht, pushing the net profit margin up to 3.98% from 2.08% in the same quarter a year earlier. For the first six months of 2569, ACG had total revenue of 614.15 million baht, down 11.98% from 697.76 million baht. Its maintenance and spare parts business generated revenue of 344.84 million baht, up 2.88%, with second-quarter 2569 revenue alone at 178.37 million baht, up 8.45%. Meanwhile, the Fast Fit express service center business for all car brands, under AutoClick by ACG Company Limited, posted first-half revenue of 100.24 million baht, down slightly 1.52%, though second-quarter 2569 revenue rose 1.22% to 50.46 million baht. The recent flooding in Bangkok and several provinces damaged a large number of submerged vehicles, drawing attention to whether AutoClick by ACG will benefit from repairs to affected cars. Book value per share stood at 1.22 baht.

Autocorp Holding, or ACG, reported second-quarter net profit for 2026 of 11.72 million baht, up 81.99% from 6.44 million baht a year earlier. For the first six months, net profit was 21.80 million baht, up 27.04% from 17.16 million baht, while the net profit margin improved to 3.55% from 2.46%. Second-quarter total revenue fell 5.02% to 294.70 million baht, as revenue from vehicle and accessory sales declined in line with lower car sales volume. However, revenue from repair and maintenance services and parts sales rose 8.45% to 178.37 million baht. The fast-fit service centre business posted revenue of 50.46 million baht, up 1.22%, helped by a 6.45% increase in revenue per vehicle and a 1.79% rise in gross margin.