Patara Group Public Company Limited, or PHAT, began trading on the Market for Alternative Investment, or mai, on its first day, targeting 2026 revenue of 3 to 3.5 billion baht, up from the previous year's revenue of 2.37751 billion baht, as first-half revenue already reached 1.5 billion baht and the second half is the high season for the crude palm oil business. Chief Executive Officer Somnuek Chantawong said the company is in talks with about 10 new refinery customers in India and China, with clarity expected this year, and expects this year's export revenue share to double from the previous year, or account for 40 percent of revenue, rising to 50 to 60 percent in 2027 if all negotiations succeed. Peeranat Sawatdichan, Chief Executive Officer of Accounting and Finance, said that after the capital raise, the debt-to-equity ratio fell to 0.76 times from 1.04 times.
Talks with new refinery customers in India and China could boost demand for crude palm oil.
PHAT debuts on mai and targets higher revenue, with improved debt-to-equity ratio after capital raise.
