Reported Earnings • May 21
First quarter 2026 earnings released: EPS: ฿0.008 (vs ฿0.004 in 1Q 2025) First quarter 2026 results: EPS: ฿0.008 (up from ฿0.004 in 1Q 2025). Revenue: ฿679.8m (up 9.4% from 1Q 2025). Net income: ฿47.3m (up 113% from 1Q 2025). Profit margin: 7.0% (up from 3.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. New Risk • Apr 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿2.17b market cap, or US$67.8m). New Risk • Mar 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 343% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿1.85b market cap, or US$58.7m). Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: ฿0.077 (vs ฿0.017 in FY 2024) Full year 2025 results: EPS: ฿0.077 (up from ฿0.017 in FY 2024). Revenue: ฿2.73b (up 5.0% from FY 2024). Net income: ฿445.5m (up 391% from FY 2024). Profit margin: 16% (up from 3.5% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annuncio • Feb 28
Better World Green Public Company Limited announces Annual dividend, payable on May 29, 2026 Better World Green Public Company Limited announced Annual dividend of THB 0.0075 per share payable on May 29, 2026, ex-date on May 15, 2026 and record date on May 18, 2026. Annuncio • Feb 13
Better World Green Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 145 million. Better World Green Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 145 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 580,000,000
Price\Range: THB 0.25
Transaction Features: Subsequent Direct Listing Annuncio • Feb 10
Better World Green Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 145 million. Better World Green Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 145 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 580,000,000
Price\Range: THB 0.25
Transaction Features: Subsequent Direct Listing Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: ฿0.059 (vs ฿0.003 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.059 (up from ฿0.003 in 3Q 2024). Revenue: ฿715.6m (up 14% from 3Q 2024). Net income: ฿341.0m (up ฿325.0m from 3Q 2024). Profit margin: 48% (up from 2.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. New Risk • Sep 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (฿1.39b market cap, or US$43.0m). Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: ฿0.003 (vs ฿0.011 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.003 (down from ฿0.011 in 2Q 2024). Revenue: ฿629.7m (down 5.1% from 2Q 2024). Net income: ฿17.6m (down 70% from 2Q 2024). Profit margin: 2.8% (down from 8.8% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Annuncio • Jul 15
Gulf Waste to Energy Holdings Company Limited acquired remaining 50% stake in Circular Camp Company Limited from Better World Green Public Company Limited (SET:BWG) for approximately THB 250 million. Gulf Waste to Energy Holdings Company Limited acquired 50% stake in Circular Camp Company Limited from Better World Green Public Company Limited (SET:BWG) for approximately THB 250 million on July 14, 2025. The transaction has been approved by the board of directors of Better World Green Public Company Limited. In a separate agreements, Gulf Waste acquired 50% stake in Get Green Power Company Limited and 33% stake in Suntech Innovation Power Company Limited. The Share Disposal Transaction enables Better World Green to generate profit and increase the its working capital, thereby supporting business operations, business development, as well as future business investment expansion more efficiently.
Gulf Waste to Energy Holdings Company Limited completed the acquisition of remaining 50% stake in Circular Camp Company Limited from Better World Green Public Company Limited (SET:BWG) on July 14, 2025. New Risk • Jun 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿1.22b market cap, or US$37.4m). Reported Earnings • May 16
First quarter 2025 earnings released: EPS: ฿0.004 (vs ฿0.001 loss in 1Q 2024) First quarter 2025 results: EPS: ฿0.004 (up from ฿0.001 loss in 1Q 2024). Revenue: ฿621.5m (down 5.1% from 1Q 2024). Net income: ฿22.2m (up ฿28.2m from 1Q 2024). Profit margin: 3.6% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. New Risk • Apr 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿1.51b market cap, or US$45.2m). Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: ฿0.017 (vs ฿0.034 loss in FY 2023) Full year 2024 results: EPS: ฿0.017 (up from ฿0.034 loss in FY 2023). Revenue: ฿2.61b (up 6.5% from FY 2023). Net income: ฿90.7m (up ฿255.3m from FY 2023). Profit margin: 3.5% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Annuncio • Feb 28
Better World Green Public Company Limited, Annual General Meeting, Apr 30, 2025 Better World Green Public Company Limited, Annual General Meeting, Apr 30, 2025, at 14:00 SE Asia Standard Time. Location: the meeting room of a alternative, energy center better world green public company, limited, nakhon luang industrial, estate, no. 9/991-993 village no. 4, bang phra kru subdistrict, nakhon luang, Thailand Annuncio • Feb 15
Better World Green Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 104 million. Better World Green Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 104 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 400,000,000
Price\Range: THB 0.26
Transaction Features: Subsequent Direct Listing Annuncio • Feb 14
Better World Green Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 104 million. Better World Green Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 104 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 400,000,000
Price\Range: THB 0.26
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: ฿0.011 (vs ฿0.012 loss in 2Q 2023) Second quarter 2024 results: EPS: ฿0.011 (up from ฿0.012 loss in 2Q 2023). Revenue: ฿663.7m (up 19% from 2Q 2023). Net income: ฿58.7m (up ฿118.7m from 2Q 2023). Profit margin: 8.8% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2024 earnings released: ฿0.001 loss per share (vs ฿0.011 loss in 1Q 2023) First quarter 2024 results: ฿0.001 loss per share (improved from ฿0.011 loss in 1Q 2023). Revenue: ฿655.0m (up 15% from 1Q 2023). Net loss: ฿5.99m (loss narrowed 88% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Apr 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 48% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (฿2.65b market cap, or US$72.1m). Annuncio • Mar 12
Better World Green Public Company Limited, Annual General Meeting, Apr 29, 2024 Better World Green Public Company Limited, Annual General Meeting, Apr 29, 2024, at 07:00 Coordinated Universal Time. Location: No. 9/991-993 Village No. 4, Bang Phra Kru Subdistrict, Nakhon Luang Thailand Agenda: To consider chairman informed the meeting for acknowledgment; to consider and certify the minute of the Annual General Meeting of Shareholders 2023, held on April 28th, 2023; to acknowledge the Board of Directors report on the Company's performance for 2023; to approve the financial statements for the period ended December 31, 2023; to approve the allocation of net profit as statutory reserve by law and to omit the dividend payment for the operation results of the year 2023; to approve to omit bonus payments to the Board of Directors for the year 2023; to approve the appointment of the directors in replacement of those who retire by rotation; and to consider other matters. New Risk • Feb 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (฿3.19b market cap, or US$88.2m). Annuncio • Feb 13
Better World Green Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 238.5 million. Better World Green Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 238.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 450,000,000
Price\Range: THB 0.53
Transaction Features: Subsequent Direct Listing Annuncio • Feb 12
Better World Green Public Company Limited Appoints Suwat Luengviriya as Chief Executive Officer The Board of Directors' meeting of Better World Green Public Company Limited on February 10, 2024 resolved to change the names of executive positions to be consistent with the Company's organizational structure. Effective from 10 February 2024 onwards as follows: Mr. Suwat Luengviriya appointed as Chief Executive Officer and Managing Director from the former position of Managing Director. Reported Earnings • Nov 14
Third quarter 2023 earnings released: ฿0.008 loss per share (vs ฿0.008 loss in 3Q 2022) Third quarter 2023 results: ฿0.008 loss per share (in line with 3Q 2022). Revenue: ฿636.6m (up 1.3% from 3Q 2022). Net loss: ฿38.8m (loss widened 6.0% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Aug 16
Second quarter 2023 earnings released: ฿0.012 loss per share (vs ฿0.003 profit in 2Q 2022) Second quarter 2023 results: ฿0.012 loss per share (down from ฿0.003 profit in 2Q 2022). Revenue: ฿559.1m (down 20% from 2Q 2022). Net loss: ฿60.0m (down 480% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 18
First quarter 2023 earnings released: ฿0.011 loss per share (vs ฿0.007 loss in 1Q 2022) First quarter 2023 results: ฿0.011 loss per share (further deteriorated from ฿0.007 loss in 1Q 2022). Revenue: ฿570.3m (down 2.1% from 1Q 2022). Net loss: ฿51.0m (loss widened 52% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Reported Earnings • Nov 18
Third quarter 2022 earnings released: ฿0.008 loss per share (vs ฿0.006 loss in 3Q 2021) Third quarter 2022 results: ฿0.008 loss per share (further deteriorated from ฿0.006 loss in 3Q 2021). Revenue: ฿628.5m (up 12% from 3Q 2021). Net loss: ฿36.6m (loss widened 46% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. Deputy MD of Business Development & Corporate Communications and Director Nattaphan Luengviriya was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 16
Second quarter 2022 earnings released: EPS: ฿0.003 (vs ฿0.005 loss in 2Q 2021) Second quarter 2022 results: EPS: ฿0.003 (up from ฿0.005 loss in 2Q 2021). Revenue: ฿699.0m (up 31% from 2Q 2021). Net income: ฿14.3m (up ฿38.2m from 2Q 2021). Profit margin: 2.0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • May 19
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: ฿0.007 loss per share (down from ฿0.003 loss in 1Q 2021). Revenue: ฿582.8m (up 11% from 1Q 2021). Net loss: ฿33.6m (loss widened 213% from 1Q 2021). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. Deputy MD of Business Development & Corporate Communications and Director Nattaphan Luengviriya was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 03
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: ฿0.038 loss per share (up from ฿0.045 loss in FY 2020). Revenue: ฿2.18b (up 14% from FY 2020). Net loss: ฿165.5m (loss narrowed 8.4% from FY 2020). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Annuncio • Mar 01
Better World Green Public Company Limited, Annual General Meeting, Apr 29, 2022 Better World Green Public Company Limited, Annual General Meeting, Apr 29, 2022, at 14:00 SE Asia Standard Time. Location: Nakhon Luang Industrial Estate, No. 9/991-993 Village No. 4, Bang Phra Kru Subdistrict, Nakhon Luang District, Phra Nakhon Si Ayutthaya Province 13260 Thailand Thailand Agenda: To consider and certify the minute of the annual general meeting of shareholders in 2021 held on April 30, 2021; to acknowledge the board of directors’ report on the company's performance for 2021; and to discuss other matters. Reported Earnings • Nov 19
Third quarter 2021 earnings released: ฿0.006 loss per share (vs ฿0.036 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ฿559.2m (up 17% from 3Q 2020). Net loss: ฿25.1m (loss narrowed 83% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Deputy MD of Business Development & Corporate Communications and Director Nattaphan Luengviriya was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 18
Second quarter 2021 earnings released: ฿0.005 loss per share (vs ฿0.005 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: ฿533.7m (up 17% from 2Q 2020). Net loss: ฿23.8m (down 213% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Annuncio • May 25
Better World Green Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 296 million. Better World Green Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 296 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 400,000,000
Price\Range: THB 0.74
Transaction Features: Subsequent Direct Listing Is New 90 Day High Low • Mar 16
New 90-day high: ฿0.59 The company is up 26% from a price of ฿0.47 on 16 December 2020. Outperformed the Thai market which is up 6.0% over the last 90 days. Exceeded the Commercial Services industry, which is up 25% over the same period. Annuncio • Mar 02
Better World Green Public Company Limited, Annual General Meeting, Apr 30, 2021 Better World Green Public Company Limited, Annual General Meeting, Apr 30, 2021, at 14:00 SE Asia Standard Time. Location: the meeting room of Nakhon Luang Industrial Estate No. 9/99 Village No. 4, Bang Phra Kru Subdistrict, Nakhon Luang District, Phra Nakhon Si Ayutthaya Thailand Agenda: To consider minutes of the previous annual general meeting; to consider board of director's report; to consider financial statement for the period ended December 31st, 2020; to consider to omit the allocation of net profit as statutory reserve by law and to omit the dividend payment for the operation results of the year 2020; to consider and approve the appointment of directors in replacement for those retired by term; to consider and approve the remuneration for the Board of Directors for 2021; to consider and approve the appointment of the external auditors and determine their remuneration for 2021; to consider the issuance and offering of the newly issued ordinary shares of the company; to consider increase the company's registered capital; and to consider other matters. Reported Earnings • Mar 02
Full year 2020 earnings released: ฿0.045 loss per share (vs ฿0.005 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ฿1.92b (up 1.9% from FY 2019). Net loss: ฿180.6m (loss widened ฿160.0m from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 17
New 90-day high: ฿0.58 The company is up 29% from its price of ฿0.45 on 18 September 2020. The Thai market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 10.0% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: ฿0.036 loss per share The company reported a soft third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: ฿479.7m (up 3.7% from 3Q 2019). Net loss: ฿146.2m (loss widened ฿145.7m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 19
New 90-day low: ฿0.43 The company is down 39% from its price of ฿0.71 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 10.0% over the same period. 
