RT targets 3.9 billion baht revenue in 2026, bidding for 5 billion baht projects

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Right Tunnelling Public Company Limited, or RT, targets revenue of 3.9 billion baht in 2026 and aims to maintain a gross profit margin of no less than 15 percent. The company plans to bid for infrastructure projects worth a total of approximately 5 billion baht in the second half of the year. Chief Executive Officer Chavalit Thanomthin revealed that the company is preparing to deliver 16 projects with a combined value of around 2.5 billion baht, and will gradually recognise revenue from its backlog as of 31 March 2026, which stands at 5.575 billion baht. It targets a year-end backlog of 7.5 billion baht. The company is also expanding its recurring revenue business from repair and maintenance work, targeting revenue of about 20 million baht this year, and developing geothermal energy through its subsidiary RT Geothermal.

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