THB 5.65 Billion Backlog Supports Revenue Recognition Over the Next 5–6 Years; Company Pursues Major Projects, Eyes Record Revenue in 2026 with 10–15% Growth
Pro Inside Public Company Limited (PIS) reported total revenue of THB 2,617 million for the first nine months of 2026, up 7% year-on-year, while net profit rose 16% to THB 269 million. The growth was driven by ongoing revenue recognition from government and state enterprise projects, supported by effective cost management. CEO Miss Benyapa Chalermwat said the company has a backlog of THB 5,650 million, with revenue to be recognized over the next five to six years. PIS is preparing to bid for new projects in cloud computing, AI, ERP and smart grids, and remains confident that full-year revenue will reach a record high, in line with its growth target of 10–15%.
Miss Benyapa Chalermwat, Chief Executive Officer of Pro Inside Public Company Limited (PIS), said total revenue for the first nine months of 2026 increased by THB 182 million, or 7%, to THB 2,617 million, compared with THB 2,435 million in the same period last year. Net profit rose by THB 36 million, or 16%, to THB 269 million, from THB 233 million a year earlier.
For the third quarter of 2026, total revenue reached THB 1,086 million, up 9% from THB 996 million in the same period last year. Net profit increased 32% to THB 106 million, compared with THB 80 million a year earlier.
The figures are based on the company’s consolidated financial statements. Starting in the third quarter of 2026, these include PIS’s share of profit from Energy Max Co., Ltd. (E-MAX). PIS invested in E-MAX in July 2026 through a joint venture arrangement to expand business opportunities in smart grids, energy and digital infrastructure.
“Our strong performance in the first nine months reflects the delivery of government and state enterprise projects according to plan, allowing us to steadily recognize revenue while managing costs effectively. We are also preparing to bid for additional projects to build our backlog and support future growth. With government policies providing further support, we remain confident of meeting our revenue growth target for the year,” said Miss Chalermwat.
PIS currently has a backlog of THB 5,650 million, representing the remaining revenue to be recognized from projects it has secured. Application Solutions account for 83% of the backlog, followed by Physical Security at 11% and IT Integration Services at 6%. Revenue from these projects is expected to be recognized over the next five to six years, supporting the company’s growth plans.
Looking ahead to the final quarter of 2026, PIS expects continued strong growth. The company is preparing to bid for more government and state enterprise projects and is awaiting the results of bids already submitted. It is also exploring opportunities in cloud computing, AI, enterprise resource planning (ERP), banking and the energy sector. Its focus on energy includes smart grid technologies, particularly smart meters and intelligent power transmission systems. These will strengthen the company’s capabilities to pursue larger projects in the future.
PIS reported net profit of THB 269 million for the first nine months of 2026, nearly matching its full-year net profit for 2025. The company remains confident of achieving its revenue growth target of 10–15% for 2026, bringing annual revenue to a record high and laying the foundation for steady, sustainable growth.