Logistics Stocks Q2 Rebound Strongly, ANI Profit Surges 92.5%

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Summary · why it matters

The Q2/2026 results of the transport and logistics group, comprising SJWD, ANI, III, and WICE, reflect a significant recovery. ANI posted a net profit of 261.7 million baht, up 92.5% year-on-year and 130.6% quarter-on-quarter. III's net profit was 140.9 million baht, up 91.6% year-on-year. SJWD reported revenue of 7,064.8 million baht and net profit of 463.5 million baht, up 64.0%. WICE's net profit was 29.0 million baht, up 24.8%. For the first half, SJWD had total revenue of 13,397.0 million baht and net profit of 739.9 million baht, up 14.2%. ANI had revenue of 3,882.4 million baht and net profit of 375.2 million baht, up 36.9%. III had revenue of 1,330.5 million baht and net profit of 235.9 million baht, up 29.5%. WICE had revenue of 2,800.9 million baht and net profit of 48.3 million baht, down 39.2%. III had the highest net profit margin at 17.7% and the lowest P/E at 9.2 times, while ANI had the highest dividend yield at 5.6%.

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