G-Able Announces 1H 2026 Financial Results, with Net Profit Rising 95% and Backlog Reaching Another Record High, as the Company Focuses on Sustaining Growth Throughout 2026.

In addition, as of the end of 2Q 2026, the Group's sales awaiting revenue recognition, or Backlog, reached a record high of Baht 7,318 million, an increase of 12% from the same period last year. This reflects the Group's growth potential and provides strong support for future revenue recognition.

Dr. Chaiyuth Chunnahacha, Chief Executive Officer of G-Able Public Company Limited, revealed that the overall economic environment in 2Q 2026 faced a slowdown both globally and in Thailand, mainly due to the impact of geopolitical conflicts and a sharp rise in energy prices. Nevertheless, the Group continued to manage these uncertainties while enhancing its operations to become more agile and adaptable.

Both the public and private sectors continued to invest in technology to improve efficiency and reduce operating costs. As a result, the Group was able to deliver solid operating performance, with revenue, net profit, and backlog continuing to grow during the first six months of 2026 compared with the same period last year.

Ms. Raveeratana Satchavarodom, Chief Financial and Strategy Officer of G-Able Public Company Limited, or GABLE, revealed that the Group's operating performance continued to grow steadily. In 2Q 2026, the Group generated revenue from sales and services of Baht 1,613 million, an increase of 11.4% from the same period last year and 7.2% from the previous quarter. For the first six months of 2026, the Group recorded revenue from sales and services of Baht 3,117 million, an increase of 10.2% from the same period last year, with gross profit of Baht 569 million, up 7.5% year-on-year. Selling and administrative expenses amounted to Baht 413 million, a decrease of 8.4% from the same period last year. As a result, the Group recorded net profit of Baht 143 million, an increase of 94.8% from the same period last year, while net profit margin increased to 4.6%, compared with 2.6% in the same period last year. This reflects the Company's improved profitability and operational efficiency in line with its business strategies.

As of the end of 2Q 2026, the Group's sales awaiting revenue recognition (backlog) reached a record high of Baht 7,318 million, an increase of 12% from the same period last year and 5% from the previous quarter, providing strong support for future revenue recognition.

For its 2026 business plan, the Company aims to achieve revenue growth of 5-15% from 2025. In addition, the Company targets a gross profit margin of 18-20%, with recurring income targeted at 40-50% and backlog targeted at more than Baht 6,500-7,500 million.

With its continued profitability and strong financial discipline, the Company has no interest-bearing debt-to-equity burden and maintains strong cash flow of more than Baht 800 million. This provides the Group with the capacity to support its growth and invest in high-potential related businesses to strengthen its competitiveness and create additional value for the Company.

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