Siam Technic Concrete Public Company Limited

STECH has unveiled its long-term business plan, targeting EBITDA of 390-410 million baht by 2028 through four key strategies: enhancing production capacity, upgrading transportation, expanding pile driving services, and increasing the production capacity of prestressed steel wire in its subsidiary to 22,000 tons per year. The company also aims to improve governance and ESG by increasing the proportion of female directors to at least 30% by 2028 and obtaining CAC certification by 2028. Meanwhile, in the second quarter of 2026, the company reported a net profit of 71.98 million baht, up 160.89%, and for the first half of the year, net profit was 157.91 million baht, up 56.91%. The company believes that the second half of 2026 will continue to grow, driven by government and industrial investment.

Siam Technic Concrete Public Company Limited, or STEC, reported second-quarter 2569 net profit of 71.98 million baht, up 160.89 percent from 27.59 million baht in the same period last year. Revenue was 617.49 million baht, up 14.12 percent from 541.10 million baht, supported by a 12.98 percent increase in sales and service revenue and 6.16 million baht in construction revenue from a project in Asia Industrial Estate Suvarnabhumi, which had no such revenue in the previous year. For the first half of 2569, the company posted revenue of 1.35 billion baht, up 12.52 percent, and net profit of 157.91 million baht, up 56.91 percent from 100.64 million baht. Net profit margin rose to 11.57 percent from 8.33 percent, while the debt-to-equity ratio fell to 0.93 times from 1.03 times after gradually repaying long-term loans. Mr. Jesadakorn Mongkolsrisawat, Managing Director for Marketing and Sales, said the outlook for the second half of 2569 remains supported by government infrastructure investment policy, industrial sector expansion, and rising demand for prestressed concrete products.

STECH shares climbed sharply by 22.50% to a high of 1.49 baht after the company reported second-quarter 2026 profit surged 161% to nearly 72 million baht, lifting first-half profit to almost 158 million baht. Mr. Jesadakorn Mongkolsrisawad, Managing Director of Marketing and STECH, reported that the company's operating results for the second quarter of 2026 grew strongly. For the three-month period ended 30 June 2026, the company posted net profit of 71.98 million baht, up 44.39 million baht from the same period last year, an increase of 160.89%. This lifted first-half net profit to 157.91 million baht, up 57.27 million baht from the same period of 2025, an increase of 56.91%.