CK posts THB800m Q2 profit with THB146.3bn backlog
CK reported second-quarter net profit of THB800 million and a THB146.3 billion backlog expected to support revenue over the next three to four years.
CH. Karnchang Public Company Limited, or CK, reported revenue of THB11.7 billion and net profit of THB800 million for the second quarter of 2026.
For the first six months of the year, the construction company recorded total revenue of THB24 billion and net profit of THB1.129 billion.
CK also reported a backlog of THB146.3 billion, which will be gradually recognised as revenue over the next three to four years. The order book provides a strong foundation for the company’s longer-term growth while it continues pursuing new government contracts and major infrastructure projects. CK’s second-quarter net profit was also reported at about THB800 million by market analysts.
Nattavut Trivisvavet, president of CH. Karnchang, said the company’s second-quarter performance was in line with its plan. Stable construction revenue, effective cost management and a growing share of profit from investments supported the continued expansion of earnings.
“We are focused on two main priorities: controlling costs effectively and managing construction work so that projects are completed according to schedule or ahead of plan,” Nattavut said.
“All projects are continuing to progress and are being delivered within their scheduled timeframes. Companies within the group are also performing well, giving CK a more balanced business structure and helping it diversify risk.”
Backlog to support revenue for up to four years
CK’s THB146.3 billion backlog is expected to provide a continuous revenue stream over the next three to four years.
The company plans to keep adding new contracts to its portfolio to maintain the order book at a level that supports growth and strengthens the long-term potential of its construction business.
Nattavut said CK was ready to participate in tenders as the government gradually advances new construction projects.
“Our objective is to maintain a backlog that supports growth while generating strong returns for shareholders,” he said.
CK targets government and mega-project tenders
CK expects major public infrastructure projects to provide opportunities for additional contracts.
The company believes its ability to manage large-scale infrastructure developments, broad construction experience and established workforce place it in a strong position to compete for new work.
“We are confident and ready to take on new projects, particularly major infrastructure schemes that match our management capabilities and extensive construction expertise,” Nattavut said.
“Our team is prepared to pursue new contracts and move the backlog closer to the company’s previous peak.”
Diversified businesses strengthen long-term performance
CK said its integrated infrastructure development businesses remained another important strength.
The wider group structure helps diversify its revenue base, reduces reliance on construction contracting alone and creates greater balance in its long-term operating performance.
