TEAMG reports backlog of 4.85 billion baht, beating target, as it pursues more government bids in the fourth quarter

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Team Consulting Engineering and Management Public Company Limited, or TEAMG, disclosed that its current accumulated backlog stands at approximately 4.85 billion baht, slightly above the target set for the third quarter of 2026, driven by government agencies that have accelerated work and budget disbursement for projects carried over from the second quarter of 2026 to complete them before the end of the fiscal year. Chawalit Chantarat, the company's Chief Executive Officer, said the company has prepared documents and tracked bidding projects in full and is ready to submit proposals as soon as an official announcement is made. He expects that in the fourth quarter of 2026, the volume of construction work and newly opened government bids will increase significantly as the 2027 fiscal year begins, and that the company has an advantage because it had previously served as the feasibility study or design consultant for many projects. The company has set a target of securing new work worth no less than 1.5 billion baht during the third and fourth quarters of 2026, and it maintains its target of revenue growth of 10% or more for 2026.

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