CIVIL targets 4 billion baht in new work to boost backlog

MGR Online•Economy•2d ago

Reader Briefing

Civil Engineering Public Company Limited aims for 4,000 million baht in new bids to support a 2025 target of 8,000 million baht in new work.

•Civil Engineering Public Company Limited has a current backlog of 13,600 million baht as of June 30, 2026.
•Piyadit Assawasirisuk announced plans to bid for new projects totaling approximately 4,000 million baht.
•The company reported total revenue of 2,455 million baht for the first half of 2026.
•Civil Engineering Public Company Limited reported a net loss of 51 million baht in the first half of 2026.

Overview

•Civil Engineering Public Company Limited reported total revenue of 2,455 million baht for the first half of 2026, a 9% increase from 2,244 million baht in the previous year.
•Civil Engineering Public Company Limited experienced a net loss of 51 million baht in the first half of 2026 and a net loss of 71 million baht in the second quarter of 2026.
•Civil Engineering Public Company Limited holds a backlog of over 40 projects valued at 13,600 million baht as of June 30, 2026, supporting revenue recognition for at least 3 years.
•Piyadit Assawasirisuk stated Civil Engineering Public Company Limited plans to bid for new projects totaling approximately 4,000 million baht to reach an 8,000 million baht target for 2026.
•Civil Engineering Public Company Limited is targeting projects such as Double Track Railway Phase 2, High Speed Rail Phase 2 (Khon Kaen – Nong Khai), and Chumphon and Nakhon Si Thammarat Airport expansions.
•Piyadit Assawasirisuk highlighted the CIVIL FAST strategy, focusing on selecting high-potential projects and controlling costs to manage construction material and energy price volatility.
•Revenue growth for Civil Engineering Public Company Limited was supported by the construction material business, specifically precast concrete parts, which saw revenue increase by 205%.

Full article content is available on the original source.

Read on MGR Online (Thai Version)View in Google Translate

Source: MGR Online (Original)

View Original Article

Key Quotes

Piyadit Assawasirisuk

"CIVIL prioritizes systematic management of work in hand under the CIVIL FAST concept: choosing the right work, controlling costs, and delivering work according to plan."

CIVIL ให้ความสำคัญกับการบริหารงานในมืออย่างเป็นระบบ ภายใต้แนวคิด CIVIL FAST เลือกงานถูก คุมต้นทุนได้ และส่งมอบงานตามแผน

Key Entities

Organization

Civil Engineering Public Company Limited(บริษัท ซีวิลเอนจีเนียริง จำกัด (มหาชน))

A construction company referred to as CIVIL that manages a project backlog and bids for government and private sector work.

Person

Piyadit Assawasirisuk(ปิยะดิษฐ์ อัศวศิริสุข)

Chief Executive Officer of Civil Engineering Public Company Limited.

Place

Khon Kaen(ขอนแก่น)ℹ️

A location for the High Speed Rail Phase 2 project.

Nong Khai(หนองคาย)ℹ️

A location for the High Speed Rail Phase 2 project.

Chumphon(ชุมพร)ℹ️

A location for an airport expansion project.

Nakhon Si Thammarat(นครศรีธรรมราช)ℹ️

A location for an airport expansion project.

Don Mueang(ดอนเมือง)ℹ️

A location for the Don Mueang Tollway project.

Rangsit(รังสิต)ℹ️

A location for the Don Mueang Tollway project.

Bang Pa-in(บางปะอิน)ℹ️

A location for the Don Mueang Tollway project.

U-Tapao(อู่ตะเภา)ℹ️

A location for an airport connecting road project.