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EA Returns to Net Profit in Q1/2026 as EV Business Grows 62.6% QoQ
EA Returns to Net Profit in Q1/2026 as EV Business Grows 62.6% QoQ
FRIDAY, MAY 15, 2026
Normalized EBITDA Reaches THB 1,896 Million, with Operating Cash Flow of Over THB 2,037 Million. EV Business Grows 62.6% QoQ, Supporting Signs of a Disciplined Recovery.Former CEO of Energy Absolute pledges to clear name after fraud charges
Former CEO of Energy Absolute pledges to clear name after fraud charges
THURSDAY, JUNE 26, 2025
The former CEO of Energy Absolute (EA), Somphote Ahunai, has confirmed his commitment to fully cooperating with the legal process to prove his innocence, following fraud charges related to events between 2013 and 2015.EA Shareholders Approve Capital Increase to Repay Debt and Drive Recovery
EA Shareholders Approve Capital Increase to Repay Debt and Drive Recovery
WEDNESDAY, JANUARY 08, 2025
7.4 billion baht infusion aims to bolster financial stability following restructuring and legal challenges.Energy Absolute stocks crash after trade suspension lifted
Energy Absolute stocks crash after trade suspension lifted
TUESDAY, JULY 16, 2024
Clean energy company’s shares slide amid ongoing fraud allegations and concerns over its ability to handle its 19.5 billion baht debtEA shares suspended after CEO and deputy resign amid fraud probe
EA shares suspended after CEO and deputy resign amid fraud probe
MONDAY, JULY 15, 2024
The Stock Exchange of Thailand (SET) halted trading in shares of renewable energy firm Energy Absolute on Monday after its top two executives stepped down following accusations of fraud.Top Energy Absolute executives resign to ensure transparency
Top Energy Absolute executives resign to ensure transparency
MONDAY, JULY 15, 2024
Confident in their innocence, Somphote Ahunai and Amorn Sapthaweekul announce their resignation from EA while investigation proceedsEnergy Absolute lays out clean energy expansion plan
Energy Absolute lays out clean energy expansion plan
WEDNESDAY, JULY 03, 2024
Sustainable power giant unveils strategy after shares drop 4%Energy Absolute plans complaint over Nex Point stock sell-off concern
Energy Absolute plans complaint over Nex Point stock sell-off concern
THURSDAY, JUNE 13, 2024
Clean energy company blames slump in its and EV maker’s shares on speculators relying on short selling, naked short selling and robot tradingThai EV maker Nex Point launches THB300m share buyback amid Q1 slump
Thai EV maker Nex Point launches THB300m share buyback amid Q1 slump
TUESDAY, MAY 21, 2024
SET-listed electric vehicle (EV) manufacturer and distributor Nex Point announced on Monday it is spending 300 million baht to repurchase its shares.Laos signs renewable energy agreement with Thai company
Laos signs renewable energy agreement with Thai company
TUESDAY, MAY 14, 2024
Laos has made further progress in achieving its ambitions for clean energy with the signing on Monday by its government of a joint development agreement for investment in the energy sector with Thailand-based alternative energy company Energy Absolute (EA).