- CEO
- Rompissri Noichaiboon
- Full Time Employees
- 669
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- 9/291 U.M. Tower Bangkok BM Thailand 10250
- IPO Date
- Aug 7, 2006
- Business
- Ekarat Engineering Public Company Limited (AKR.BK) manufactures and distributes distribution transformers and solar energy products in Thailand. The company produces a range of transformers including single-phase units from 1-1,000 kVA, three-phase units up to 30,000 kVA with maximum voltage of 36 kV, dry-type cast resin transformers for indoor applications such as high-rise buildings, power transformers, measuring transformers, complete tanks, indoor and outdoor unit substations, conservators, control panels, corrugated fins, cast resin enclosures and radiator fins; it also manufactures solar cells and modules with 15 MW annual capacity, and offers solar rooftops, ground-mounted solar farms, design and installation services for on-grid and off-grid solar power plants, electricity sales from solar operations, substation design and build-up, industrial electrical system installations, management consulting, after-sales maintenance, repair services for transformers, on-load taps, electrical systems, generators and industrial motors, plus 24-hour service through regional centers with over 70 personnel and more than 100 backup units. Ekarat Engineering, founded on June 24, 1981 and headquartered at 9/291 U.M. Tower, 28th Floor, Ramkamhaeng Road, Suan Luang, Bangkok, Thailand, holds the leading market share in Thailand's distribution transformer segment for over 30 years with annual production capacity of approximately 8,000 units or 4,000 MVA, and operates in domestic and export markets across ASEAN, South Asia, the Middle East, South Africa and Australia, serving electricity authorities, public and private sectors in more than 28 countries. Recent developments include the establishment of a new Ubon Ratchathani Service Center in 2023 to enhance transformer maintenance coverage across seven northeastern provinces, signing of a memorandum of understanding with Planet Communications Asia Public Company Limited for joint development of transformers integrated with IoT technology for electric vehicle charging stations, upgrade to SAP S/4HANA enterprise resource planning system from QAD for improved efficiency, acquisition of advanced high- and low-voltage coil winding machines from Turkey and Israel to boost production capacity, oven control improvements reducing energy use by 20%, a new memorandum with Kasetsart University Sriracha Campus for student development and cooperation, and continued net profit growth to 221 million baht in 2023 with projected increases into 2025.