Bangkok – October 28, 2026 – Tata Steel Thailand announced its financial results for the quarter ended September 30, 2026. The Company recorded sales volume of 313,000 tons and profit before tax of 255 Mn THB for the quarter, while continuing to navigate subdued market conditions and pressure on selling prices.
Mr Anurag Pandey, President and CEO, Tata Steel (Thailand) Public Company Limited stated that “The Company recorded deliveries of 313,000 tons during the quarter, representing a decrease of 6% from the preceding quarter and 12% from the corresponding quarter of the previous year. The decrease mainly reflected subdued domestic demand, slower construction activity and cautious inventory management across the value chain. For the six-month period ended September 30, 2026, the Company’s sales volume was 647,000 tons, compared with 694,000 tons in the corresponding period of the previous year.”
“Reflecting lower sales volume and selling prices, the Company’s revenue from sales and related services decreased to 6,094 Mn THB for the quarter, 10% lower than the preceding quarter and 17% lower than the corresponding quarter of the previous year. For the six-month period ended September 30, 2026, revenue from sales and related services decreased to 12,875 Mn THB, 9% lower than the corresponding period of the previous year.”
“The Company reported profit before tax of 255 Mn THB for the quarter, compared with 524 Mn THB in the preceding quarter and 1,067 Mn THB in the corresponding quarter of the previous year. For the six-month period ended September 30, 2026, the Company reported profit before tax of 779 Mn THB, compared with 1,540 Mn THB in the corresponding period of the previous year. The lower profitability in both periods was mainly attributable to lower sales volume and margin pressure arising from softer selling prices and subdued market conditions.”
“The Company continues to focus on disciplined cost management, product mix improvement, the development of higher-value products and export opportunities, while maintaining close engagement with customers amid evolving market conditions.”
Performance Highlights:
ไม่มีความคิดเห็น:
แสดงความคิดเห็น