Prebuilt Public Company Limited, or PREB, disclosed that it is awaiting the results of new bids it has already submitted for roughly 2 to 3 projects, comprising hotels and hospitals, with a combined value of approximately 4 billion baht. It expects some clarity within this year. Currently the company has work in hand, or backlog, of about 9 billion baht from mixed-use and condominium projects, which are expected to be gradually delivered and to have most of their revenue recognised through 2029. Chief Executive Officer Wirot Charoentra said second-half 2026 results are expected to continue growing from the first half of the same year, driven by the construction contracting business that is the main revenue source, accounting for about 80% of the revenue structure. Meanwhile, the building materials distribution business, namely precast concrete planks and glass fibre reinforced concrete, accounts for roughly 10%, with the remainder coming from the real estate development for sale business. As for its plan to cope with rising costs from higher energy prices, the company has negotiated with suppliers to reserve some construction materials in advance, alongside negotiations with customers to request price increases on some additional projects.
Pre-Built Public Company LimitedPREB is awaiting results of new bids for 2-3 hotel and hospital projects worth ~4 billion baht, which could lift its 9 billion baht backlog.
