ASIMAR Reports 22.51% Profit Growth in Q2/2026

MGR Online•Economy•1d ago

Reader Briefing

Asian Marine Services (ASIMAR) reported a net profit of 14.86 million baht for Q2/2026, marking a 22.51% increase compared to the same period last year.

•ASIMAR achieved total revenue of 175.51 million baht in Q2/2026.
•Net profit for the quarter grew 22.51% to 14.86 million baht.
•The company maintains a backlog of approximately 150 million baht.
•ASIMAR received an Excellent rating with 100 points for its 2026 AGM Checklist.

Overview

•ASIMAR earned total revenue of 175.51 million baht in Q2/2026, consisting of 133.80 million baht from ship repairs and 25.90 million baht from shipbuilding.
•Ship repair revenue decreased by 6.89% because the economic slowdown led ship owners to delay maintenance plans.
•Shipbuilding revenue decreased by 73.97% and was derived from a single project for the Sattahip Commercial Port of the Royal Thai Navy.
•ASIMAR's Current Ratio stood at 1.09 times, an improvement from the end of 2025.
•ASIMAR achieved a perfect score of 100 and an Excellent level rating in the 2026 AGM Checklist evaluation.
•ASIMAR targets revenue growth of 10% for the year 2026 compared to the previous year.
•ASIMAR is pursuing business expansion by continuously participating in government bidding processes.

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Key Quotes

Suradech Tanpaiboon

"Ship repair revenue decreased by 6.89%, which is a direct result of the economic slowdown, leading ship owners to manage budgets strictly and delay maintenance plans."

งานซ่อมเรือ รายได้ปรับตัวลดลง 6.89% ซึ่งเป็นผลโดยตรงจากสภาวะเศรษฐกิจชะลอตัว ส่งผลให้เจ้าของเรือมีการบริหารจัดการงบประมาณอย่างรัดกุมและชะลอแผนการซ่อมบำรุงออกไป

Key Entities

Organization

Asian Marine Services(เอเชียน มารีน เซอร์วิสส์)

A public company (ASIMAR) specializing in shipbuilding and ship repair.

Royal Thai Navy(กองทัพเรือ)ℹ️

The organization for which ASIMAR is constructing tugboats of not less than 3,000 horsepower.

Person

Suradech Tanpaiboon(สุรเดช ตัณฑ์ไพบูลย์)

The Chief Executive Officer of Asian Marine Services Public Company Limited.

Place

Sattahip Commercial Port(ท่าเรือพาณิชย์สัตหีบ)

The location associated with a tugboat construction project for the Royal Thai Navy.