TEKA reports first-half profit surge of 66.8%, backed by a solid 2 billion baht backlog

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TEKA, or Teekha Construction Public Company Limited, reported a net profit of 40.46 million baht for the first six months of 2026, up 66.80% from the same period last year. Total construction revenue came in at 1.024 billion baht, a jump of 53.07%. Gross profit margin recovered to 12.23% from 5.59% in the first half of the previous year. For the second quarter of 2026, net profit stood at 24.78 million baht, an increase of 22.21% from the same quarter last year. Gross margin rose to 13.89% from 11.29% in the second quarter of 2025, reflecting better cost control and operational efficiency. Chief Executive Officer Weerasak Wanichwat stated that as of 30 June 2026, the company had a backlog of work awaiting revenue recognition of as much as 2 billion baht, and a strong financial position with no debt from financial institutions. The company has set a full-year revenue target of 2 billion baht.

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First-half net profit surged 66.8% with improved gross margin and a 2 billion baht backlog.