← TEAM Consulting Engineering and Management overview
TEAM Consulting Engineering and Management Public Company LimitedTEAMG.BK

Why is TEAM Consulting Engineering and Management (TEAMG.BK) moving?

Q3 2026
▲3▼1

TEAMG wins new contracts, posts strong Q2 profit and record backlog

  • New contract wins TEAMG won a 392-million-baht Light Red Line supervision contract (66% share worth 258 million baht) and began construction management for an 86 MW Chonburi data center, diversifying beyond government infrastructure.

    New contracts directly boost future revenue and show business expansion.

  • Strong Q2 and H1 results Q2 net profit rose 29.32% to 60.98 million baht; first-half revenue grew 22% to 1.266 billion baht, with profit up 18%.

    Earnings growth is a key driver of stock performance.

  • Record backlog and growth outlook Backlog reached 5.988 billion baht, beating targets, and data center revenue is expected to double to 100 million baht by 2027. Flood-control and rail opportunities could add 1.5 billion baht per quarter.

    Backlog and future opportunities provide revenue visibility and growth potential.

  • Risks and dependencies Risks remain: heavy reliance on government budget disbursement and project timing, concentration in Thai infrastructure, and data center revenue still small and dependent on negotiations like those with True Group.

    These risks could hinder future performance and temper optimism.

August 2026
▲3▼1

TEAMG wins new contracts, posts strong Q2 profit and record backlog

  • New contract wins TEAMG won a 392-million-baht Light Red Line supervision contract (66% share worth 258 million baht) and began construction management for an 86 MW Chonburi data center, diversifying beyond government infrastructure.

    New contracts directly boost future revenue and show business expansion.

  • Strong Q2 and H1 results Q2 net profit rose 29.32% to 60.98 million baht; first-half revenue grew 22% to 1.266 billion baht, with profit up 18%.

    Earnings growth is a key driver of stock performance.

  • Record backlog and growth outlook Backlog reached 5.988 billion baht, beating targets, and data center revenue is expected to double to 100 million baht by 2027. Flood-control and rail opportunities could add 1.5 billion baht per quarter.

    Backlog and future opportunities provide revenue visibility and growth potential.

  • Risks and dependencies Risks remain: heavy reliance on government budget disbursement and project timing, concentration in Thai infrastructure, and data center revenue still small and dependent on negotiations like those with True Group.

    These risks could hinder future performance and temper optimism.

Latest
▲4

TEAMG's data centre and flood-control pipeline expands, lifting growth outlook

  • Data centre revenue to double by 2027 TEAMG expects data centre revenue to double to 100 million baht in 2027, from about 50 million this year, and is in talks with True Group, which plans 60-70 billion baht of data centre investment. This adds a fast-growing new revenue stream beyond government infrastructure.

    New guidance on a high-growth business line directly supports future earnings and the stock's growth story.

  • First-half profit up 18%, backlog 5.988bn baht TEAMG reported first-half 2026 revenue up 22% to 1.266 billion baht and net profit up 18% to 111 million baht, with backlog at 5.988 billion baht. Strong results and a bigger order book give visibility on future revenue.

    Concrete financial results and backlog show the company is executing and building future revenue.

  • Flood-control and rail work open new opportunities TEAMG says flooding creates chances to win drainage and flood-control work with agencies like the Royal Irrigation Department and Bangkok, plus southern double-track rail projects it previously designed. It targets at least 1.5 billion baht of new work in each of Q3 and Q4, supporting 10% revenue growth.

    New business opportunities and a concrete target for new contracts drive future revenue growth.

  • IMF–World Bank meeting climate theme highlights TEAMG Yuanta named TEAMG among stocks benefiting from the climate theme of Thailand hosting the IMF–World Bank meetings in October 2026. The event may lift the Thai market and draw attention to companies linked to climate and infrastructure work.

    A new thematic catalyst that could increase investor interest in TEAMG shares.

▲4

TEAMG wins rail and data center work, backlog beats target

  • Light Red Line supervision contract TEAMG's consortium won a 392 million baht contract to supervise construction of the Light Red Line extension, with TEAMG's 66% share worth 258 million baht. This adds confirmed government revenue and strengthens its rail project pipeline.

    New contract win directly adds to TEAMG's order book and revenue visibility.

  • Data center construction management TEAMG started construction management and quality inspection for an 86 MW data center in Chonburi. This opens a new long-term revenue stream in Thailand's fast-growing data center and digital economy sector, diversifying beyond traditional infrastructure.

    New market entry signals future growth beyond government rail work.

  • Q2 profit growth and sector recovery TEAMG's Q2 2026 net profit rose 29.32% to 60.98 million baht, in line with stronger construction sector results. Faster government budget disbursement and data center investment are supporting project activity and revenue recognition.

    Earnings growth confirms the company is converting its pipeline into profit.

  • Backlog beats target, more bids ahead TEAMG's backlog reached 4.85 billion baht, above its Q3 target, with government agencies accelerating work. It targets at least 1.5 billion baht in new work in Q3-Q4 2026 and 10% revenue growth, helped by its prior design roles on many projects.

    Backlog and new bid targets show the revenue pipeline is growing, not just one-off wins.