Samart Group has outlined its 2026 business direction under the theme “Unlock Unlimited Opportunities,” expressing confidence that both revenue and profit will reach their highest level in 10 years.

The group is targeting total revenue of Bt14 billion, representing nearly 30 per cent growth year-on-year, supported by a strong project pipeline and enhanced operational capabilities.

The growth plan centers on strategic mergers and acquisitions (M&A) and participation in major project bids with a combined value exceeding Bt30 billion, aimed at expanding scale and strengthening long-term earnings visibility.

Mr. Watchai Vilailuck, Executive Vice Chairman of Corporate Strategy and New Business Development at Samart Corporation Plc., said the group has designated 2026 as a year of unlocking new growth potential under a broader and more ambitious strategic vision. This direction is anchored in three core pillars – Unlimited Solutions, Unlimited Collaborations, and Unlimited Opportunities – to accelerate Samart’s transformation into a technology group with sustainable long-term growth.

Under Unlimited Solutions, Samart will leverage its end-to-end technology capabilities across underground, ground-level and aerial infrastructure, while introducing new solutions, expanding into new customer segments and further enhancing services for existing clients.

Unlimited Collaborations focuses on partnerships and M&A to accelerate expansion, access new technologies and enter targeted industries. Meanwhile, Unlimited Opportunities emphasizes talent development, continuous learning and attracting next-generation professionals to strengthen the organization.

Building on a track record of consistent profitability, Samart reported a backlog of nearly Bt16 billion as of the end of 2025, providing strong earnings visibility. Supported by this foundation, profit is expected to increase by at least 75 per cent, driven by margin expansion, operating leverage and a higher contribution from high-value projects within the existing backlog.

The outlook is further reinforced by plans to increase the backlog to more than Bt20 billion by year-end. Mr. Watchai said the group is confident that both revenue and profit in 2026 will deliver the strongest performance in a decade.

Across its core businesses, Samart continues to see positive momentum, supported by revenue recognition from existing backlog, newly secured projects and a recovery in related industries. Each business unit has set the following revenue targets as follows.

Digital ICT Solutions Business Group:

In the Digital ICT Solutions segment, led by Samart Telcoms Public Company Limited (SAMTEL), the group is targeting revenue of Bt6.5 billion, representing growth of at least 20 per cent, supported by a backlog exceeding Bt6.5 billion.

The segment will focus on delivering large-scale projects through advanced technologies such as artificial intelligence (AI), security and defence solutions, and long-term core enterprise systems, while expanding recurring-income services to enhance earnings stability.

Execution is supported by collaboration among group companies with expertise in financial and banking systems, ERP, enterprise solutions and cybersecurity, alongside leading global technology partners. This enables the delivery of fully integrated, end-to-end solutions.

At the same time, SAMTEL continues to develop new offerings, including AI, anti-drone systems and quantum-safe technology, while building on its established base of mission-critical customers. Key projects include the core banking system for the Government Housing Bank, packaged software systems for the Provincial Electricity Authority, and information systems for the Department of Lands. The group is also pursuing large-scale public outsourcing service projects to generate stable, long-term recurring revenue.

Utilities and Transportations Business Group:

The Utilities and Transportations Business Group, led by Samart Aviation Solutions Public Company Limited (SAV), continues to demonstrate strong momentum. As of year-end, the segment recorded a backlog exceeding Bt8.7 billion. Revenue for the year is targeted at Bt6.8 billion, with SAV contributing approximately Bt2.6 billion, representing 30 per cent year-on-year growth.

Performance is supported by multiple business opportunities, including participation in two major project bids with a combined value of more than Bt2.3 billion, together with rising overflight service revenue. Overflight demand is expected to increase in line with higher flight volumes, driven by the recovery of international travel, particularly on routes from Vietnam and China.

In addition, the planned opening of a new airport in Ho Chi Minh City is expected to create further medium- to long-term opportunities. SAV also continues to enhance aviation systems to strengthen revenue stability and diversify income streams.

Meanwhile, TEDA is set to progressively recognize revenue from a backlog exceeding Bt3.8 billion, with a revenue target of Bt2.0 billion, reflecting 40 per cent growth.

Digital Communications Business Group:

The Digital Communications Business Group, led by Samart Digital Public Company Limited (SDC), is targeting revenue of Bt900 million, representing growth of more than 57 per cent year-on-year.

Revenue expansion is expected to come primarily from the recognition of income from the Trunk network, which generates air-time–based revenue, along with the delivery of additional equipment during the first quarter.

Mr. Watchai said that despite last year’s domestic economic slowdown and political uncertainty, the group delivered solid operating performance, with total revenue still expected to grow year-on-year.

Looking ahead, he expressed confidence that 2026 will be another strong year for Samart, supported by new project wins, revenue expansion and profit growth under its proactive strategy. In addition to its focus on M&A, the group plans to implement a business restructuring in the second half of the year to further strengthen the organization and enhance long-term investor confidence.