Sino-Thai Engineering and Construction Public Company Limited
STEC-R.BK
Stock Exchange of Thailand6.50
THB
+1.50
- -
ISIN
TH0307010R17
Return %
Stock
S&P500
1Y
-28.18
26.53
3Y
-52.55
76.60
5Y
-56.95
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Pakpoom Srichamni
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- 32/59-60, Sino-Thai Tower Bangkok Thailand 10110
- IPO Date
- Dec 28, 2007
- Website
- stecon.co.th
- Similar Companies
- Business
- Sino-Thai Engineering and Construction Public Company Limited, operating under STECON Group Public Company Limited following a 2024 corporate restructuring and shareholding swap, is a leading Thai construction firm specializing in engineering and construction services across multiple sectors including infrastructure, buildings, energy, industrial, environmental, transportation, and logistics. The company manufactures and provides a broad range of core products and services such as civil and mechanical construction projects, precast concrete production, construction machinery sales and rentals, contracting services including transportation work, and utilities and power business investments. Its project portfolio features high-profile works like mass transit systems (MRT Yellow Line Monorail), government buildings (Parliament Building, Supreme Court), power plants (Gulf Sriracha Power Plant), waterworks systems, and infrastructure related to Eastern Economic Corridor development. Headquartered in Bangkok and founded over six decades ago, Sino-Thai operates mainly in Thailand with a strategic focus on growing recurring income businesses beyond traditional construction. Recent major changes include the 2024 voluntary delisting of Sino-Thai Engineering and Construction from the Stock Exchange of Thailand, replaced by its holding company STECON Group via a 1:1 share swap to enable clearer business segment delineation and expansion into high-growth sectors. This restructuring divides operations into construction contracting, utilities and power, logistics and transportation, and new business ventures, including technology and data center investments such as DC Power BN1 along Bangna-Trat Road. The company has entered joint ventures and signed large contracts in 2025 for infrastructure projects like the Nue EPIC Asoke-Rama 9 project and climate-resilient connectivity projects as part of the Eastern Economic Corridor initiative. Sino-Thai emphasizes adherence to international safety standards, environmental protection, and innovative technology integration in its operations to drive sustainable development and enhanced stakeholder value. This strategic repositioning reflects Sino-Thai's intention to stabilize earnings through recurring income streams while maintaining its core engineering and construction business, supported by a backlog exceeding 100 billion baht. The company also operates subsidiaries including Wisdom Services Company Limited for construction machinery services and Stecon Power Company Limited for utilities and power investments. Sino-Thai's extensive project expertise, comprehensive service offerings, and recent operational shifts position it as a diversified and forward-looking leader in Thailand's construction and infrastructure sectors.