PRINC expects 2026 revenue growth above 10%

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Principal Capital Public Company Limited, or PRINC, expects 2026 revenue to grow from the previous year's level of about 6.3 billion baht, after booking about 3.6 billion baht in the first half of this year. The growth follows a full year of revenue recognition from Thanakan Hospital and new hospitals under the Doctor 1 and Doctor 2 networks in Nakhon Ratchasima province. Chief Financial Officer Tharin Iampetchrapong said the third quarter of 2026 should improve clearly from the second quarter of 2026, as the hospital business enters its high season during the rainy period and the user base expands after continued new hospital openings. PRINC Group currently operates 19 hospitals in 15 provinces and plans to open a new building at Phitsanuvej Phichit Hospital this October, as well as a full-scale cancer treatment center in January 2027 to upgrade complex disease services and expand the international patient base, which is expected to support overall margins.

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