STECON Group Public Company Limited (SET: STECON) has announced 3Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 3Q25 | 3Q24 |
| Net Profit (Loss)
Million Baht |
163.27 | -154.22 |
| Earning Per Share
(Baht) |
0.1100 | -0.1000 |
| 9 Months | 2025 | 2024 |
| Net Profit (Loss)
Million Baht |
1,016.87 | -118.44 |
| Earning Per Share (Baht) | 0.67 | -0.08 |
STECON reported a net profit in 3Q25 of THB 163.27 million, an increase of THB 317.49 million compared to the previous year. This was due to the company’s improved gross profit, more efficient cost and expense control.
The company recorded a total revenue of THB 7,536.03 million for the quarter, compared to the same period in 2024, which recorded a total revenue of THB 7,365.47 million for the quarter. This represents an increase of THB 170.56 million or 2.32% in total revenue for the quarter.
Primary contributions to total revenues were from construction contracts amounting to THB 7,416.03 million for the quarter, sales and service revenue of THB 95.38 million for the quarter, rental revenue of THB 22.07 million for the quarter, and dividend income of THB 222.47 million. Revenue from construction contracts increased compared to the same period of the previous year, mainly from the solar power plant project and the MRT Orange Line (West section) project.
For the third quarter, the company recorded a gross profit of THB 543.37 million for the quarter, representing gross profit margins of 7.21%. (Based on normal operations, the Company’s gross profit margin would be 7.21% for the quarter)
The Company recorded total costs and expenses of THB 7,250.80 million for the quarter. This represents a decrease of 72.33 million baht, or 0.99%, from the same quarter of 2024.
