International Network System PCL

ITNS has a backlog of approximately 300 million baht, which will be recognized as revenue gradually. The company also expects to receive dividends from its joint ventures in the fourth quarter, supporting its financial performance. It maintains its 2026 revenue target of 700 million baht. For 2027, the company sees the infrastructure and IT market at around 50 billion baht, presenting opportunities for new contracts, and expects revenue to grow 10-15% from the previous year. In the second quarter of 2026, total revenue was 172.92 million baht, up 39% year-on-year, while the first half saw total revenue of 365.54 million baht, up 48.74%. Net profit for the second quarter was 7.57 million baht, up 30.07% from the previous quarter but down 15.13% year-on-year.

ITNS is studying the feasibility of expanding into the logistics business to build new revenue streams and extend growth. Chief Executive Officer Somchai Uamkrathum said the company has a backlog of about 300 million baht, part of which will be recognized this year and the rest continuing into next year. It is also bidding for several new projects, with two large projects worth hundreds of millions of baht as key highlights. For the second half of 2026, the company expects business to accelerate seasonally, especially in the fourth quarter, and also expects to receive dividends from joint ventures as in the previous year. The company remains confident that 2026 revenue will meet its target of about 700 million baht. Second-quarter 2026 results showed total revenue of 172.92 million baht, up 39 percent from the same period last year, and net profit of 7.57 million baht, up 30.07 percent from the previous quarter.