Samart Group posted strong third-quarter results in 2025, with revenue reaching Bt2.54 billion and core profit rising 76 per cent year-on-year to Bt161 million. The growth was driven by robust demand across the group’s technology and telecommunications services.

Mr. Watchai Vilailuck, Executive Vice Chairman of Corporate Strategy and New Business Development at Samart Corporation Plc., said the strong Q3 performance reflected solid growth compared with both the previous quarter and the same period last year, underscoring effective management and sustained operational momentum.

Despite reporting a net profit of Bt87 million, impacted by a Bt130 million accounting provision from a subsidiary, the group’s core operations remained resilient. For the first nine months of 2025, Samart Group recorded total revenue of Bt7.774 billion, up 20 per cent year-on-year, with profit reaching Bt302 million, marking a sharp turnaround from Bt37 million loss last year.

SAMTEL Posts Strong Revenue Growth,
Confident Case Won’t Impact Long-Term Business

The Digital ICT Solutions business, “SAMTEL,” reported Q3 revenue of Bt1.235 billion, up from Bt1.005 billion in Q2 and Bt859 million a year earlier. Core profit reached Bt63 million, though a Bt130 million legal provision resulted in a net loss for the quarter.

Despite this, SAMTEL signed 85 contracts in the first nine months, building a backlog of nearly Bt8 billion and reinforcing confidence in sustained long-term growth. The legal provision, made to comply with accounting standards under a prudent approach, has no impact on SAMTEL’s operations or cash flow, and the company expects the amount to be reversed following the next stage of the case review.

Remaining Business Segments Maintain Strong Performance

The Utilities and Transportation segment, led by Samart Aviation Solutions Public Company Limited (SAV), which provides air traffic management services in Cambodia, posted a Q3 net profit of Bt128 million, in line with the previous quarter. Growth is expected to strengthen in Q4, supported by the high tourist season.

TEDA Co., Ltd. (TEDA), which handles turnkey high-voltage power transmission station projects, generated Bt244 million in Q3, bringing its nine-month revenue to Bt1.264 billion. The company recently secured three major contracts worth Bt2.4 billion, expanding its backlog to nearly Bt4 billion.

The Digital Communications business, “SDC”, reported nine-month revenue of Bt424 million and net profit of Bt50 million, up 900 per cent from last year, reflecting significantly stronger operational performance.

Mr. Watchai concluded that the group’s third-quarter performance signaled a steady recovery across all business divisions. Despite the effect of certain accounting provisions, the group’s core profit rose significantly year-on-year.

“Clearer growth is expected in the fourth quarter, supported by the high tourist season, new projects gradually being recognized as revenue, and a substantial pipeline of bids that subsidiaries are preparing to enter,” he added.