Right Tunnelling Public Company Limited, or RT, reported first-half 2026 results with total revenue of 1.855 billion baht, up 19% from the same period last year, and net profit of 26 million baht, a turnaround from a net loss of 89 million baht, or an increase of 129%. The company maintained a gross profit margin of 13% and generated operating cash flow of 192 million baht, up 4,900% from the previous year. For the second half of 2026, the company plans to gradually deliver 14 projects worth a combined 2.428 billion baht, part of its total backlog. It also has major projects underway, including the Mae Taeng-Mae Ngat water diversion tunnel construction, contract 2, worth 2.798 billion baht; the Den Chai-Chiang Rai-Chiang Khong double-track railway tunnel construction, contract 1, Den Chai-Ngao section, worth 2.365 billion baht; and the Khlong Phra Khanong drainage tunnel construction worth 894 million baht, which will be recognised as revenue progressively according to plan. The company is also focusing on recurring income from repair and maintenance work to reduce volatility and build long-term growth.
Right Tunnelling Public Company LimitedFirst-half profit up 129% and revenue up 19%, with strong cash flow and a turnaround from loss.
