Copperwired Public Company Limited

Copper Wired Public Company Limited, or CPW, reported second-quarter net profit of 38.55 million baht, up 125.04% from the same period last year. Revenue from sales and services came in at 2.585 billion baht, growing 1.16%, supported by an improved gross margin, especially in the smartphone segment, and lower finance costs. For the first six months of 2026, net profit stood at 81.86 million baht, up 95.51%, while total revenue reached 5.475 billion baht, an increase of 5.90%, driven by growth in computer, tablet, and digital lifestyle product sales as well as service income. CPW currently operates 111 retail stores under its management, comprising 18 Dotlife branches, 25 Apple Brand Shops, 24 AIS branches, 22 Samsung branches, 10 Xiaomi branches, 7 Huawei branches, and 5 other stores. The board of directors approved an interim dividend of 0.08 baht per share, with the ex-dividend date set for 20 August 2026 and payment on 4 September 2026.

The market is watching CPW and PR9 after their Q4 2024 earnings recovered. CPW reported a net profit of 1.2 billion baht, up 15 percent from the previous year, supported by same-store sales growth of 8 percent. Meanwhile, PR9 posted a net profit of 850 million baht, up 22 percent from the previous year, driven by a 12 percent increase in outpatient revenue. Analysts see continued growth momentum for both companies in 2025, backed by branch expansion plans and new services.