Aging Population▲
TM first-half profit jumps 33.3%, The Parents nears break-even
Techno Medical Public Company Limited, or TM, reported first-half net profit of 14.10 million baht, up 33.3% from the same period last year, with total revenue of 354.45 million baht, up 3.4%, as sales of medical equipment and consumables rose to 336.62 million baht after shifting strategy to focus on low-cost imports from China and raising prices in the second quarter of 2026, lifting gross profit margin from sales to 40.5%. Service revenue under The Parents project reached 14.21 million baht, up 34.6% year-on-year, with an average of 45 to 50 nursing home users per month and an occupancy rate of about 80%, or an average of 50 beds. The company is confident The Parents will reach break-even by the end of this year, targeting service revenue of about 4 million baht per month, while also expanding into wellness with hormone therapy services that use AI to calculate individual hormone levels, plus home care services sending nurses and medical assistants to care for the elderly. The TPTC training center has just produced its latest class of 25 assistants, ready to work immediately.