SUPREME DISTRIBUTION PUBLIC COMPANY LIMITED

Supreme Distribution Public Company Limited, or SPREME, is targeting a new all-time high in revenue for 2026, with a total backlog of 5.65 billion baht as of June 30, 2026, a key revenue base supporting long-term growth. The company expects to recognise approximately 919.41 million baht of that backlog in the second half of 2026, split between 267.79 million baht from sales-with-installation work and 651.62 million baht from service and rental work. For 2027, it expects to recognise about 1.21 billion baht, and a further 3.52 billion baht during 2028 to 2031. Chief Executive Officer Phanuwat Khanthamoleekul said the company plans to accelerate delivery of System Integration projects scheduled for handover in the third quarter of 2026, while continuing to recognise revenue from rental contracts. It will also press ahead with bids for small and mid-sized information technology rental and maintenance projects to broaden its customer base and raise the share of recurring revenue. Revenue from the service and rental business grew more than fivefold from the same period a year earlier and rose 38% from the previous quarter. Among the large projects being delivered progressively is the Anywhere Anytime programme for the sale and rental of computers for teaching and learning, under which the company has already delivered more than 230,000 units; in the first six months of 2026 the programme generated total revenue of 374.86 million baht, or 72.53% of service business revenue. Another is the public internet centre project, or USO Net, with the National Broadcasting and Telecommunications Commission, which is also being delivered in stages. For the second quarter of 2026, ended June 30, 2026, SPREME reported total revenue of 425.35 million baht, up 65.93% from 256.34 million baht in the same period a year earlier and up 12.79% from 377.11 million baht in the first quarter of 2026. Net profit stood at 44.43 million baht, up 45.67% from 30.50 million baht a year earlier and up 84.28% from 24.11 million baht in the first quarter of 2026. Gross profit margin was 20.20%, up from 15.04% in the first quarter of 2026, while net profit margin was 10.45%, up from 6.39% in the previous quarter. EBITDA margin in the second quarter of 2026 rose to 56.88% from 40.29% in the first quarter of 2026 and 25.70% in the second quarter of 2025. Government agencies and state enterprises accounted for as much as 92.14% of the revenue structure, part of it under long-term rental contracts, which adds certainty to future revenue.

Supreme Distribution Public Company Limited (SPREME) has indicated that its operating performance in the second half of 2026 is expected to continue growing, driven by the gradual delivery of projects according to plan and efficient cost management. Currently, the company has a backlog of more than 5.6 billion baht, most of which consists of mega projects that will be recognized as revenue in the coming period. Mr. Panuwat Khanthamolikul, Chief Executive Officer, is confident that the high backlog, along with cost control and on-time project delivery, will drive 2026 revenue to grow in line with targets and potentially reach a new all-time high.

Supreme Distribution Public Company Limited, or SPREME, reported second-quarter net profit for fiscal 2026 of 44.43 million baht, up 45.67% from the same period last year. Total revenue was 425.35 million baht, up 65.93%, supported by rental revenue under the Mega Project and sales and installation work that began and was delivered on schedule. Gross profit margin improved compared with the first quarter of 2026, but financial costs rose in line with drawdowns of long-term loans, leaving net profit margin at 10.45%. At the end of the second quarter of 2026, the company had a backlog of 5.65 billion baht, which will be recognised as revenue from the third quarter of 2026 through 2031. Chief Executive Officer Panuwat Khantamoleekul said the company is confident that 2026 revenue has a chance to set another record high, as it expects to deliver all System Integration, or SI, work in the backlog as planned in the second half of the year, while continuing to recognise rental revenue. It also has opportunities to win additional work from projects in the pipeline through bidding and new purchase orders.

Supreme Distribution Public Company Limited, or SPREME, is likely to secure more work from government policies that are accelerating technology investment to elevate Thailand into a regional AI hub. The International Monetary Fund ranks Thailand among the world’s four largest exporters of AI hardware. The government has designated AI, semiconductor, and advanced electronics as strategic industries, while fast-tracking digital infrastructure such as the Government Cloud and data centers. Meanwhile, global private-sector players like Google Cloud are investing one billion US dollars to open a cloud region in Bangkok. The National Digital Economy and Society Commission expects Thailand’s digital GDP to reach around 5.6 trillion baht in 2026. Mr. Panuwat Khantamoleekul, Chief Executive Officer of SPREME, said the business performance trend for the second quarter of 2026 will grow from the first quarter, and the company targets 2026 revenue growth of 8 to 10 percent, with a key strength being the increase in recurring revenue from leasing contracts and technology infrastructure services.