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RT Stocks 5.6 Billion Baht Backlog

RT Stocks 5.6 Billion Baht Backlog

MGR Online•Economy•1d ago

Reader Briefing

Right Tunneling reports a 5.57 billion baht backlog and aims to add 20 billion baht in new bids, while enhancing operational efficiency.

  • •Right Tunneling (RT) has a backlog of 5,572 million baht and plans to bid for new projects worth approximately 20,000 million baht.
  • •The company reported first-quarter 2026 revenue of 933 million baht and a net profit of 1 million baht.
  • •RT is investing in ERP, AI, and automation to manage costs and risks more effectively, aiming for sustainable profitability and growth.

Overview

  • •On March 31, 2026, Right Tunneling (RT) had a backlog of 5,572 million baht.
  • •Geopolitical situations and Middle East wars are impacting energy and construction material prices.
  • •Right Tunneling is continuously enhancing risk management measures to address rising costs.
  • •Right Tunneling plans to bid for new projects worth approximately 20,000 million baht.
  • •RT is developing ERP, AI, and Automation to improve cost and risk management.
  • •In the first quarter of 2026, RT reported total revenue of 933 million baht.
  • •In the first quarter of 2026, RT reported a net profit of 1 million baht.
  • •RT's gross profit margin in the first quarter of 2026 was 11.8%, an increase from the previous year's negative 4.2%.

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Key Quotes

Chawalit Tanomthin
"Amid geopolitical situations and Middle East wars impacting energy and construction material prices, the company continuously enhances risk management measures."
ท่ามกลางสถานการณ์ภูมิรัฐศาสตร์และสงครามในตะวันออกกลางที่กระทบต่อราคาพลังงานและวัสดุก่อสร้าง บริษัทเพิ่มมาตรการบริหารความเสี่ยงอย่างต่อเนื่อง

Key Entities

Organization

Right Tunneling(ไร้ท์ทันเน็ลลิ่ง)
A Thai company specializing in tunnel drilling, civil engineering, and geotechnical services.
RT
Abbreviation for Right Tunneling, a company involved in construction projects.

Person

Chawalit Tanomthin(นายชวลิต ถนอมถิ่น)
Chief Executive Officer (CEO) of Right Tunneling (RT).

Timeline

Q1/69(ไตรมาส 1/69)
The first quarter of the year 2026, a period for financial reporting.
Q2/69(ไตรมาส 2/69)
The second quarter of the year 2026, a period for business outlook and operational focus.
March 31, 2026(31 มีนาคม 2026)
The specific date as of which Right Tunneling's backlog was reported.
2028(ปี 2028)
A future year indicating the period until which current backlog revenue is expected to be recognized.

Place

Khlong Pol Reservoir, Rayong Province(อ่างเก็บน้ำคลองโพล้ จังหวัดระยอง)
A construction project site for a reservoir in Rayong Province, with 93% completion.

Policy

ERP, AI, and Automation(ERP, AI และ Automation)
Technological systems being developed and implemented by Right Tunneling to improve project management and efficiency.