Chuwit Jungtanasomboon, Chief Executive Officer of North East Rubber Public Company Limited (SET: NER), disclosed that the 2026 Annual General Meeting of Shareholders passed a resolution to approve a cash dividend payment for the 2025 operating results (January 1 – December 31, 2025) at the rate of 0.31 baht per share. The company has already paid an interim dividend of 0.05 baht per share, with a remaining 0.26 baht per share to be paid. The XD sign will be posted on April 23, 2026, and the dividend payment will be made on May 7, 2026.
For the 2025 performance, the company recorded total revenue of 30,510 million baht, an increase of 10.96%, and a net profit of 1,884 million baht, up 14.04% from the previous year. The total sales volume was 475,430 tons, representing an 8.25% increase, reflecting continuous rising demand for natural rubber both domestically and internationally.
Regarding the business direction in 2026, the company targets continued growth with an annual production capacity of 500,000 tons and sales of around 32,000 million baht. This will be achieved through strategies to expand international markets, especially in India, together with long-term supply contracts with tire manufacturers and adding at least two new customers.
Currently, the company is constructing its third block and compound rubber factory, expected to begin operations in Q1 2027. This plant will add another 320,000 tons of production capacity per year, pushing the total capacity to over 835,600 tons annually to support ongoing advance orders through mid-2026, as well as cooperation with the Rubber Authority of Thailand for long-term raw material management.
On the management side, the company focuses on cost control and risk management through Matching and Hedging strategies, along with improving production efficiency. At the same time, it continues to enhance operations following ESG (Environmental, Social, Governance) guidelines to strengthen long-term confidence.
Moreover, the company has expanded into high value-added product groups, especially “rubber livestock flooring mats,” which are high-quality, industry-standard products with high gross margins (margin) and rising demand. Additionally, the rapid growth of the global electric vehicle (EV) industry is a key factor supporting long-term demand for natural rubber.
The company assesses that the natural rubber price situation in 2026 remains stable, with the average price in Asia expected to move within the range of about 60–80 baht per kilogram, supported by steady demand in the automotive and electric vehicle industries. This enables the company to continue expanding production and meet growing demand for natural rubber, driving the goal of becoming a global leader in the rubber industry in the long term.
