Thai Stanley Electric, or STANLY, expects its performance to recover in the second half of fiscal year 2027, supported by the government's 400 billion baht economic stimulus package and a vehicle scrappage scheme that could boost domestic car purchases, as well as a recovery in export markets if geopolitical tensions ease. The company maintains its annual revenue growth target of 5 to 10 percent, with cash on hand of about 10 billion baht and no interest-bearing debt. For the first quarter of fiscal 2027, the company posted a profit of 361.65 million baht and total revenue of 2.67 billion baht, a slight decline but still satisfactory amid an economic slowdown and higher raw material costs. The second quarter is expected to be the year's trough, before a gradual recovery from the third quarter onward, driven by new model launches from customers and the development of dies and molds, which are core products generating strong revenue.
Thai Stanley Electric Public Company LimitedGovernment stimulus and scrappage scheme expected to boost domestic car purchases, and export recovery if geopolitical tensions ease.