SYNTEC Construction Public Company Limited (SET: SYNTEC) delivered an impressive performance in Q1/2025, reporting a net profit of THB 163 million, an increase of THB 61 million from the same period of last year. This strong result underscores SYNTEC’s resilient growth potential amid economic uncertainty.
Backlog nearing 10 billion THB
SYNTEC continues to strengthen its position in the construction industry with a solid backlog of THB 9.933 billion. This figure reflects strong client confidence, both public and private, in the Company’s quality and standards, serving as a vital foundation for sustainable and recurring revenue.
Expanding into the Growing DATA CENTER Market
Despite a slowdown in the real estate sector, SYNTEC is actively diversifying its portfolio by venturing into the high-growth Data Center industry. Leveraging its proven capabilities and extensive experience, the Company is confident in its ability to secure ongoing Data Center projects, which will serve as a key driver of long-term growth.
EARTHQUAKE Resilience: A New Business Frontier
In light of recent seismic activity, SYNTEC sees new opportunities in earthquake-resistant construction. The Company has formed a strategic partnership with Thai SEI (Thailand) Co., Ltd., a top-tier Japanese firm with over 75 years of expertise in seismic engineering. Recently, SYNTEC hosted a well-received seminar on “Earthquake-Resistant Engineering” at Sripatum University, drawing strong interest from developers, analysts, and investors alike.
SYNTEC’s management believes that this partnership will enable the Company to offer expert consultation and undertake specialized projects in seismic mitigation, not only unlocking new business avenues but also reinforcing the Company’s long-term stability and sustainable development.
Poised for Breakthrough Growth
With strong financial results, a forward-looking business expansion strategy, and a visionary approach that transforms challenges into opportunities, SYNTEC stands out as a compelling investment for those seeking long-term value and resilience in the Thai construction sector.
