ATP30 Margin Improves, Broker Says Buy with Target of 1.08 Baht

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Summary · why it matters

ATP30 is expected to see its profit margin in the third quarter of 2026 improve from the previous quarter, as lower oil prices help ease its main costs. Meanwhile, the company is proceeding with expanding its EV fleet by an additional 30 vehicles this year, and its VVS business has generated revenue of 11.79 million baht, accounting for 87.85% of its full-year target. On the broker side, Globlex maintains a "Buy" recommendation with a fair price of 1.08 baht, expecting 2026 profit to be 49 million baht, down 22% due to reduced margin assumptions, but recovering to 62 million baht in 2027.

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Electrification & Mobility▲