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Forbes

Gunkul Engineering posts 24% profit rise as Thailand pushes green-powered data centers

AI Market Summary
News highlights strong earnings and order backlog growth at Thailand's renewable-focused EPC firm Gunkul Engineering, driven by the country's push to build green-powered data centers. While supportive for the regional renewables and infrastructure theme, the company is not a listed symbol in the provided universe, limiting direct tradability impact. Spillover to broader markets is modest and primarily thematic rather than macro.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-0.85%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Thai renewable-energy engineering firm Gunkul Engineering is benefiting from the country’s push to develop a hub for green data centers. Net profit in the first quarter of 2026 rose 24% year on year to 456 million baht, while revenue also gained 24% to 2.6 billion baht. The company said it holds more than 100 billion baht in EPC order backlog and expects 2026 revenue to reach 10 billion baht. Founded in 1982 and pivoting into renewables from 2007, the SET-listed company operates across Thailand, Malaysia, Japan and Vietnam.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
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