SYNTEC Unveils 2025 Growth Plan Targeting “Data Centers and Earthquake-Resistant Innovation”
SYNTEC reported a strong turnaround in Q1 2025, posting a 167% surge in net profit to THB 163 million, as the company pushes forward with its expansion into the Data Center market and joins forces with a Japanese partner to advance earthquake-resistant engineering and technology, aiming to enhance its construction capabilities and meet international standards.
Syntec Construction Public Company Limited (SYNTEC) announced its Q1 2025 financial results, recording a net profit of THB 163 million, up 167% from THB 61 million in the same period last year. The sharp increase reflects the company’s strong cost management and operational efficiency despite ongoing economic volatility.
SYNTEC continues to maintain a competitive edge in the construction contracting business, with a backlog of THB 9.93 billion at the end of the quarter, covering both public and private sector projects. This backlog underscores the trust in SYNTEC’s construction quality and standards and serves as a key revenue driver supporting sustainable growth in the future.
At the same time, the company is expanding into the Data Center market to capture growth opportunities in the fast-rising technology and digital infrastructure sectors. SYNTEC is confident in its ability to manage large-scale projects and expects to secure more contracts in this segment.
In addition, rising concerns over seismic risks worldwide have opened new opportunities in earthquake-resistant engineering. SYNTEC has partnered with Taisei (Thailand) Co., Ltd., a Japanese company with more than 75 years of expertise in advanced earthquake-resistant solutions. Recently, SYNTEC hosted a seminar on “Earthquake-Resistant Engineering” at Sripatum University, which received widespread interest from industry stakeholders.
According to SYNTEC’s management, this collaboration will strengthen the company’s capabilities in specialized construction projects and provide in-depth consulting services for developers both domestically and internationally. It is expected not only to create new revenue streams but also to contribute to the company’s long-term sustainability.
SYNTEC reaffirmed its readiness to drive proactive growth through risk diversification strategies, business expansion into new sectors, and the continuous development of innovative solutions to meet modern market needs, reinforcing its position as a leading player in the construction industry and building long-term investor confidence.
Read more >>> https://www.kaohoon.com/news/757488
