Tipco Asphalt Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. It operates through Manufacturing and Trading; and Construction Business segments. The company engages in manufacturing and trading of asphalt, petroleum oil, and asphalt concrete products. It is also involved in the refinery, storage, and tank rental of asphalt and petroleum products; shipping management and agency; distribution of machine, materials, and tools; road construction and rehabilitation services; and marine transportation services, as well as sale of construction materials. The company serves contractors, traders, terminal owners, and distributors. The company was founded in 1979 and is headquartered in Bangkok, Thailand.
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
The Utilities sector gained 5.4% while the market remained flat over the last week. As for last year, the market is down 12%. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›