Right Tunnelling Targets Efficient Growth with Tunnel Expertise and Green Construction

Mr. Chawalit Tanomtin, Chief Executive Officer of Right Tunnelling Public Company Limited (SET: RT), a specialist in tunnel boring, civil engineering, and integrated geotechnics, stated that this year, the company is focusing on driving efficient growth by leveraging national infrastructure investment opportunities. The emphasis will be on tunnel construction, which is the company’s core expertise, alongside the development of green construction.

Additionally, the company is in the process of planning participation in the JUMP+ project of the Stock Exchange of Thailand (SET) to enhance organizational capability and boost investor confidence. It will also introduce digital technology to help manage costs and increase operational efficiency, including the establishment of a subsidiary, “RT Geothermal Co., Ltd.,” aiming to expand into energy and water management businesses in the future.

In the first quarter of 2026, RT secured two new projects with a total value of THB 30 million, involving erosion prevention and foundation reinforcement for Provincial Electricity Authority’s transmission system in Northern Region 1 (Chiang Mai). As of December 31, 2025, the company has a backlog totaling THB 6.42 billion, which will be gradually recognized as revenue until 2028. The construction work is progressing as planned, ensuring the projects are delivered on target.

Furthermore, RT is preparing to bid for several large-scale projects with a combined value of approximately THB 20 billion, such as double-track railway tunnels, drainage tunnels, road tunnels, underground power cable tunnels, pipe jacking, and slope protection works. These will present significant opportunities to expand the company’s project portfolio and drive continued growth.

For the fourth quarter of 2025, RT recorded total revenue of THB 938 million and a net profit of THB 54 million, a 350% increase from the same period last year. Effective project cost management has strengthened the company’s financial position. For the year 2025 overall, the company reported total revenue of THB 3.49 billion and a net profit of THB 12 million.