P.S.P. Specialties Public Company Limited, or PSP, a leader in comprehensive lubricant product solutions, has announced a target to push this year's net profit past 1 billion baht, after net profit in the first half of 2026 exceeded 800 million baht, extending a record-high net profit for two consecutive years. The company has officially announced its JUMP+ Plan for 2026 to 2028 to the Stock Exchange of Thailand, with a net profit target of 1 billion baht by 2028, driven by three pillars: maintaining domestic market leadership alongside expanding export revenue, developing high-value innovative products, and making strategic investments. PSP currently exports to more than 50 countries across five continents and aims to raise the share of revenue from overseas to 30% by 2028. The company has acquired a 100% stake in Recycling Engineering Company Limited, or RE, and increased its investment in WhatsEGG, an automotive parts trading platform. On sustainability, PSP received an A rating in the SET ESG Ratings and reduced greenhouse gas emissions in 2025 by 10,143 tonnes of carbon dioxide equivalent, a decrease of 4.59% compared with 2024. It aims for Zero Landfill by 2029 and Net Zero by 2050.
P.S.P. Specialties Public Company LimitedPSP announced a net profit target above 1 billion baht after H1 2026 net profit exceeded 800 million baht, extending record-high profits.
