TPLAS second-quarter profit surges 650% as business restructuring advances

Earnings
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Thai Plastic Industrial (1994) Public Company Limited, or TPLAS, reported second-quarter net profit for fiscal 2026 of 4.34 million baht, up 650.19% from the same period last year. Total sales revenue came in at 131.98 million baht, up 20.20% from 109.80 million baht. For the first six months of 2026, the company posted net profit of 14.21 million baht, up 324% from 3.35 million baht, while total revenue reached 260.54 million baht, up 15.10% from 226.35 million baht. Chief Executive Officer Apirat Teerarujinan said the company is accelerating operational restructuring, including cutting administrative costs, improving production processes, investing in machinery, and expanding product variety to broaden its customer base into industrial, HORECA, and food service segments. The company is targeting total revenue growth of about 10% for 2026.

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