Sanko Diecasting (Thailand) Public Company Limited

Sanko Diecasting (Thailand), or SANKO, is in negotiations with new customers in the United States to open the way for more OEM parts orders for vehicle assembly. The talks cover pricing, adjusting product designs to match customer requirements, and assessing production capacity together with the customers' engineering teams. The discussions are still ongoing and progress will need to be monitored. CEO Ratthawat Suksaichon said flooding in several areas did not directly affect the company's plants, but had an indirect impact through some domestic customers that had to slow or halt production, reducing the volume of parts orders. Orders from overseas are still proceeding as planned, with the share of domestic and international orders at roughly similar levels. For the remainder of 2026, the company will focus on strict cost control and expense reduction to preserve profitability. In 2027, it will closely monitor the recovery of customers and trends in vehicle production, as well as demand for new cars to replace those damaged by flooding, which could in turn feed through to demand for the company's OEM parts.

SANKO or Sangko Die Casting (Thailand) Public Company Limited has revealed a backlog of orders worth 200-400 million baht, which will be gradually recognized as revenue in the second half of 2026. Mr. Rattawee Sooksai Chon, Chief Executive Officer, expects full-year sales to meet the target of 750 million baht. Despite pressure from raw material costs, the company has negotiated price adjustments with almost all customers. Meanwhile, the outlook for 2027 looks promising due to new work that has been quoted and passed preliminary stages, as well as work under negotiation, with a total value in the hundreds of millions of baht. However, the clarity of these orders cannot yet be concluded, and the company is monitoring data center investments in Thailand, which could positively impact the electronics industry.

SANKO announced its plan for the second half of 2026, focusing on cost control and enhancing production efficiency with modern machinery and innovation to maintain competitiveness amid a slowing global economy and uncertainty from war. Chief Executive Officer Rathawat Suksayachon revealed that the company is still maintaining its revenue target for this year at 750 million baht, a slight growth from the previous year, and expects business trends in 2027 to recover if external factors ease.