TEAMG continued to deliver strong performance in Q3/2026, generating revenue of THB 660 million and net profit of THB 61 million, up 30% year-on-year. For the first nine months, revenue reached THB 1.926 billion, with net profit growing 22% year-on-year to THB 173 million. Backlog stood at over THB 5.6 billion, with the Company preparing to pursue major government sector projects, including the Southern Double-Track Railway project extending to the Thailand–Malaysia border. TEAMG also received an “Excellent” or 5-star CGR rating for the sixth consecutive year.
Mr. Chawalit Chantararat, Chief Executive Officer of TEAM Consulting Engineering and Management Public Company Limited (TEAMG), disclosed that in Q3/2026, the Company recorded revenue from sales and services of THB 660 million, an increase of THB 24 million or 4% from the same period last year. Net profit reached THB 61 million, increasing by THB 14 million or 30% year-on-year.
In Q3/2026, TEAMG continued to grow in line with its strategy of expanding its consulting business alongside related business, particularly EPC, through comprehensive engineering services covering feasibility studies, design, construction supervision, and Engineering, Procurement and Construction (EPC). The Company also continued to effectively manage risks amid market volatility.
For the first nine months of 2026, TEAMG recorded revenue of THB 1.926 billion, up THB 254 million or 15% year-on-year, while net profit reached THB 173 million, increasing by THB 31 million or 22%.
Mr. Chawalit said that related business, particularly EPC, remained a key growth driver, generating revenue of THB 754 million, up THB 271 million or 56%. EPC revenue accounted for 39% of total revenue, while the consulting business, covering project management and study and design services, continued to perform in line with the Company’s targets.
As of the end of Q3/2026, TEAMG’s backlog stood at THB 5,611 million, providing a strong foundation for stable long-term revenue recognition. Government sector clients remained the Company’s primary customer group, accounting for 92% of the total backlog.
Looking ahead, the Company sees opportunities from major infrastructure projects, particularly the Southern Double-Track Railway project extending to the Thailand–Malaysia border, where TEAMG has experienced personnel with expertise in designing several sections of the railway.
In addition to its continued operating growth, TEAMG received an “Excellent” or 5-star CGR rating for the sixth consecutive year and was ranked in the Top Quartile among companies with a market capitalization of THB 1,501–3,000 million by the Thai Institute of Directors Association (IOD), reflecting the Company’s commitment to transparency, accountability, and consideration of all stakeholders.
