TEAM Consulting Engineering and Management Public Company LimitedQ2 net profit up 29% and backlog near 6 billion baht

Team Consulting Engineering and Management, or TEAMG, reported second quarter net profit of 61 million baht, up 29% from the same period last year, with revenue of 635 million baht, up 19%. For the first six months of 2026, the company posted total revenue of 1.266 billion baht, up 22%, and net profit of 111 million baht, up 18%. Chief Executive Officer Chavalit Chantararat said backlog at the end of the second quarter reached 5.988 billion baht, up 3% from the end of 2025, supported by the phase two construction of the new zoo project under the Zoological Park Organization of Thailand under Royal Patronage, through the RSDT Consortium joint venture, with a total contract value of 4.335 billion baht, in which the company holds a 10% stake, equivalent to 434 million baht, and construction supervision consulting for the light red line suburban railway project, Siriraj to Taling Chan to Salaya section, plus three additional stations, with a total contract value of 392 million baht, in which the company holds a 66% stake, equivalent to 258 million baht. EPC-related business expanded 114% to revenue of 495 million baht, while consulting, study, design and construction supervision for infrastructure remained the main revenue driver, with public sector work accounting for 71%. The company targets securing at least 1 billion baht in new work in the second half of the year.
TEAM Consulting Engineering and Management Public Company LimitedQ2 net profit up 29% and backlog near 6 billion baht