Thirathai Targets Export Growth Following Strong Backlog Performance
Thai transformer manufacturer Thirathai (TRT) has announced a new growth strategy focused on exports, supported by a record backlog exceeding 3.4 billion baht.
According to a report by Thai Post, Thirathai Public Company Limited (TRT) is entering a new phase of expansion. The company has successfully secured a transformer order backlog valued at over 3.4 billion baht, providing a stable foundation for its upcoming fiscal operations.
As part of its strategic pivot, the firm is intensifying its focus on international markets, aiming to increase its export footprint. This announcement follows the company’s recent recognition with a National Innovation Award, which highlights its commitment to technological development in the energy sector.
For residents and business observers in Thailand, this development signals a strengthening of the local manufacturing sector’s competitiveness on the global stage. While the company has confirmed its current backlog and strategic intent, specific details regarding the timeline for these export expansions and the projected impact on annual revenue remain to be confirmed. The company’s ability to maintain this momentum will likely depend on its capacity to manage its current order volume while simultaneously scaling its international operations. Stakeholders are advised to monitor future quarterly reports for updates on how these export initiatives translate into tangible financial growth.
