Poly Net Public Company Limited, or POLY, expects the revenue share from its automotive parts manufacturing business to rise to more than 60% this year, up from around 50% previously. This follows Toyota Motor Thailand's report of cumulative six-month sales of 117,333 units, representing a 33.82% market share and 3.02% growth compared to the same period last year. Pickup trucks and eco-cars have domestic parts usage rates as high as 91% and 79%, respectively. Ms. Kanchana Laorattana, Chief Executive Officer of POLY, said that orders for automotive parts have clearly improved. The company has invested about 10 million baht to purchase two new machines, increasing production capacity and reducing costs. It targets 15% revenue growth in 2026 from the 2025 level of approximately 1.2 billion baht, supported by hybrid vehicle orders and the steadily growing medical equipment segment. The weaker baht, at around 33.41 baht per US dollar, has no impact as the company sets its selling prices in baht.
Polynet PCLToyota's strong sales and high local parts usage boost POLY's automotive parts orders, raising revenue share target.
Toyota Motor Corp.
