Ubon Bio Ethanol PCL

DBS Vickers Securities Thailand said in an analysis that the Thai government is considering cutting excise taxes on biofuels to lower fuel prices and spur consumption. Currently, the excise tax on gasohol stands at 6.00 baht per litre and on biodiesel at 5.953 to 6.92 baht per litre. Raising the share of biofuels in use would help cut crude oil imports and ease the government's burden of subsidising fuel prices, with the Oil Fund now running a loss of about 100 billion baht. With demand for ethanol and biodiesel expected to rise, DBS Vickers has named 11 Thai stocks set to benefit, divided into three groups by business type. The first group is direct producers and distributors of biofuels, namely BBGI, EA, UBE, GGC and TAE. The second group is integrated palm oil producers linked to biodiesel, namely PCE, SMO, APO and VPO. The third group is sugar producers linked to ethanol, namely KSL, KTIS and BRR.

Ubon Bio Ethanol Public Company Limited, or UBE, has announced its business plan for the second half of 2026, focusing on intensive cost management across the supply chain and moving toward operational excellence, while accelerating the expansion of its Oshinei Japanese restaurant branches both domestically and internationally from the current 29 locations, with a full-year target of 31 branches. In the ethanol business, the company is using a multi-feed system to combine molasses with its main raw materials to increase flexibility, while the tapioca starch and flour business is preparing to continuously launch high-value products. For the second quarter of 2026, the group reported sales revenue of 1.1069 billion baht, down 15.6 percent from a year earlier and down 5.0 percent from the previous quarter. The restaurant business posted revenue of 211.5 million baht, up 19.3 percent year on year. Gross profit stood at 138.6 million baht, up 190.4 percent from a year earlier, as the prior year included a loss from net realizable value.