PANEL has secured the IEC Hall project from IMPACT Trust to manufacture and install acoustic sliding wall panels, the company's core product. This contract will increase backlog value and support future revenue recognition. The company expects a clear recovery in second-half 2026 performance starting from the third quarter, and targets full-year 2026 revenue growth of 40%, reaching a new record high. In addition, PANEL is progressively signing contracts for operating room doors and automatic doors with several large hospitals, such as the Faculty of Medicine at Mahasarakham University, Bhumibol Hospital, and Ramathibodi Hospital.
PANELESMATIC SOLUTIONS PUBLIC COMPANY LIMITEDWon IEC Hall contract and hospital door orders, boosting backlog and revenue outlook.
Impact Growth REIT