DITTO, or Ditto (Thailand) Public Company Limited, reported that its backlog has risen to approximately 5 billion baht, up from 4.8 billion baht in the second quarter, after securing additional new work in the third quarter. Chief Executive Officer Thakorn Rattanakamonporn told Stock Vision that the company expects to take on several new projects worth hundreds of millions of baht each, with a combined value of nearly 1 billion baht, on top of its current backlog. The focus will be on infrastructure, information technology, cybersecurity, public-sector investment, and the development of platforms for data exchange between government agencies. In the fourth quarter of 2026, the company will begin recognising revenue from the Phase 2 zoo project, valued at 4.335 billion baht, in which the DITTO group holds a 55% stake, while TEAMG and partners from a group of construction companies hold 45%. For its 2026 growth target, the company is keeping its original plan of 15-20% and has no plans to raise it, since the government budget came out late in the year, meaning most new work will only start contributing revenue in 2027. The company sees that year as one with outstanding growth potential, driven by clearer large-scale public investment projects, political stability, and a continued flow of foreign capital into the Thai stock market.
Ditto (Thailand) Public Company LimitedDITTO's backlog rose to ~5 billion baht after securing new Q3 work, with nearly 1 billion baht more new projects expected.
