Chuwit Jungtanasomboon, Chief Executive Officer of North East Rubber Public Company Limited (SET: NER), revealed the overall operating results for the first quarter of 2026 (ending March 31) with total revenue of THB 7,242.05 million and a net profit of THB 254.37 million.
Total sales revenue was THB 7,207.73 million from a total sales volume of 123,552 tons. This can be broken down into domestic sales revenue of THB 5,097.60 million, accounting for 70.72% of total sales, and overseas sales revenue of THB 2,110.12 million, accounting for 29.28%.
These figures reflect a strong domestic customer base and continued demand for natural rubber from the industrial sector. Currently, NER has booked orders covering production up to the third quarter of 2026, which will significantly benefit the business as a whole.
As for foreign exchange impacts in the first quarter of 2026, there was a recognized loss from the fair value measurement of forward foreign exchange contracts (Mark-to-Market), which is recorded for accounting and tax purposes only. There is not yet any actual cash loss, and this does not reflect the company’s core operating performance.
Regarding the outlook for the second quarter of 2026, NER assesses that the natural rubber business industry is showing signs of improvement due to continuous increases in demand from the automotive, tire, and components industries. This aligns with the recovery in production and consumption across many countries.
These contribute to the company’s confidence that the business trend for the remainder of the year will steadily improve, supporting the goal to achieve total revenue of THB 32 billion in 2026.
Furthermore, NER continues to receive support from investment promotion privileges from the Board of Investment (BOI), which helps enhance cost management efficiency and relieve tax burden. This is alongside effective internal cost management to strengthen and ensure stable long-term growth.
