TEKA Reports 67% Profit Growth with 2 Billion Baht Backlog

MGR Online•Economy•18d ago

Reader Briefing

Theeka Construction Public Company Limited reported a 66.80% increase in net profit for the first six months of 2026.

•Theeka Construction Public Company Limited achieved a net profit of 40.46 million baht for the first six months of 2026.
•Revenue for the first half of 2026 totaled 1,024.35 million baht, growing 53.07% year-on-year.
•The company holds a construction backlog of 2,000 million baht as of June 30, 2026.
•The debt-to-equity ratio decreased from 1.04 times to 0.92 times as of June 30, 2026.

Overview

•Theeka Construction Public Company Limited recorded a net profit of 24.78 million baht in Q2 2026, an increase of 22.21% from the same period in 2025.
•Theeka Construction Public Company Limited saw its gross profit margin for Q2 2026 rise to 13.89% from 11.29% in Q2 2025.
•The growth in revenue and net profit for the first six months of 2026 resulted from gradual revenue recognition from a strong backlog and continued trust from leading customers.
•Theeka Construction Public Company Limited reported total revenue of 1,024.35 million baht for the first six months of 2026, a 53.07% increase from 669.22 million baht in the previous year.
•As of June 30, 2026, Theeka Construction Public Company Limited has a debt-to-equity ratio of 0.92 times and unallocated retained earnings of 316.21 million baht.
•Dr. Weerasak Vanichwat stated that Theeka Construction Public Company Limited has no debt obligations to financial institutions.
•Theeka Construction Public Company Limited intends to focus on Turnkey construction and expand its customer base to drive sustainable growth toward a total revenue target of 2,000 million baht.

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Key Quotes

Dr. Weerasak Vanichwat

"The key supporting factor comes from the gradual recognition of revenue from the backlog as of June 30, 2026, which is at a high level of 2,000 million baht."

ปัจจัยหนุนสำคัญมาจากการทยอยรับรู้รายได้จากงานในมือ (Backlog) ณ วันที่ 30 มิถุนายน 2569 ที่อยู่ในระดับสูง 2,000 ล้านบาท

Key Entities

Organization

Theeka Construction Public Company Limited(บริษัท ฑีฆาก่อสร้าง จำกัด (มหาชน))

A construction company referred to as TEKA that focuses on high-rise and large building projects.

Person

Dr. Weerasak Vanichwat(ดร.วีระศักดิ์ วานิชวัฒน์)

The Chief Executive Officer of Theeka Construction Public Company Limited.