Bangkok: BBGI Public Company Limited has announced a projected net profit of 283 million baht for 2025, marking a 31% increase from the previous year. This growth comes despite challenges in the renewable energy sector, including price pressures and adjustments to biofuel blending ratios in response to government policy.
According to Thai News Agency, Mr. Dechapon Lertsuwanroj, Chief Executive Officer and President of BBGI, attributed the company's robust performance to effective cost control and efficient production management. The ethanol business experienced increased sales with the plant operating at full capacity, leading to reduced unit costs. Additionally, effective management of raw material procurement contributed to enhanced profitability. The biodiesel segment also saw benefits from rising demand and higher prices for by-products like refined glycerin.
BBGI plays a crucial role in the supply chain of Bangchak Corporation Public Company Limited's refining and marketing business group. The integrated operations within the group ensure a stable raw material supply, effective production planning, and efficient product delivery from upstream to downstream processes.
The company's growth this year is largely driven by improvements in operational processes under the Operational Excellence strategy. This includes benchmarking against industry best practices and systematic management of raw materials to reduce costs. BBGI is also investing in human resource development through upskilling and reskilling initiatives, such as the 'Ethanol and Biodiesel Boot Camp,' aimed at enhancing expertise in production and cost management.
BBGI is committed to conducting its business in line with ESG principles, emphasizing efficient resource utilization, reducing environmental impact, fostering community and partner collaboration, and adhering to good governance practices to build stakeholder trust.
Looking ahead to 2026, BBGI plans to continue its focus on Operational Excellence, with efforts to increase efficiency, control costs, and integrate more AI and automation into operations. Strengthening collaboration within the Bangchak Group will remain a priority to maintain competitiveness and ensure sustainable growth.