CMAN H1 profit rises 7.6% despite global headwindsCMAN H1 profit rises 7.6% despite global headwinds
As Thailand's electricity demand rises with the expansion of data centres, artificial intelligence (AI), electric vehicles (EVs) and industrial digitalisation, reliable and cost-efficient power is becoming increasingly important for energy-intensive manufacturers such as Chememan Public Company Limited (CMAN).
CMAN, a leading energy-intensive manufacturer in Thailand, reported a 7.6% increase in net profit to 256 million baht for the first half of 2026, despite a challenging global economic environment. The company's revenue declined 4.6% year-on-year to 1.888 billion baht, while its gross profit margin improved to 40.1% from 36.6%. This positive performance was attributed to cost management, production efficiency, and a strong Indo-Pacific business network.
ML Chandchutha Chandratat, CEO of CMAN, emphasized the company's growing investments and strategic growth plans, including the acquisition of Lime Master Co Ltd. The company is also focusing on energy diversification, operational efficiency, and a green transition to reduce carbon dioxide emissions and lower exposure to fossil fuel volatility.
Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
