Economy
TEAMG Reports Strong First-Half Growth Driven by Infrastructure Projects
Engineering firm TEAMG has announced a 22% revenue increase for the first half of 2026, supported by major infrastructure contracts including the Light Red Line railway.
According to a report by Prachachat Business, the engineering consultancy firm TEAMG has released its financial results for the first six months of 2026. The company recorded a total revenue of 1.266 billion baht, representing a 22% growth compared to the previous period, with a net profit of 111 million baht, an 18% increase. For the second quarter alone, the company reported a net profit of 61 million baht.
This financial performance is largely attributed to the company's involvement in significant infrastructure projects. Key contributors to their current backlog, which is approaching 6 billion baht, include the construction of the new national zoo (Phase 2) and the Light Red Line railway project.
For residents and travelers in Thailand, these developments highlight the ongoing progress of major public infrastructure works. The Light Red Line is a critical component of the capital's expanding rail network, aimed at improving connectivity across the metropolitan area. While these financial figures indicate a robust order book for the firm, the specific completion timelines for these projects remain subject to ongoing construction schedules. Further updates regarding the operational milestones of the Light Red Line and the new zoo facility will be provided as official project timelines are confirmed.