TOA Paint (Thailand) Public Company Limited or TOA, the leader in innovation in the paint industry and a comprehensive provider of construction chemicals and surface finishing materials in Thailand, announced its outstanding performance for the year 2025, growing significantly despite the slowdown in the Thai real estate market. The company reported total revenue of 21,779 million baht, a 2% increase, with a net profit of 2,917 million baht, soaring by 52%. The board has proposed a dividend of 0.39 baht for the second half of the year, continuing its five-pillar strategy aimed at sustainable growth and the NET ZERO goal.

Mr. Jaturaporn Tangkaravakoon, CEO of TOA, revealed that sales in international markets (AEC) have jumped, particularly in Myanmar and Vietnam, due to infrastructure expansion, along with adjustments in sales strategies, distribution channel management, and product portfolio modifications that cater to the needs of each country.

Meanwhile, in the domestic market, although the overall real estate sector has not shown signs of recovery, TOA has managed to maintain a stronger revenue base than the industry average by focusing on product diversification to compensate and create new opportunities in the market. For instance, the Construction Chemicals segment has seen significant growth driven by demand in renovation projects, while the building materials segment (gypsum, tiles, sanitary ware) has gained popularity due to innovations and designs that meet the needs of modern consumers.

In 2025, the company achieved a net profit of 2,917 million baht, a 52% increase compared to the previous year’s 1,920 million baht. The main factors contributing to this growth include an increase in gross profit margin through rigorous internal management, Supply Chain Optimization, flexible supply chain and logistics management, enhanced bargaining power, and reduced raw material costs. Additionally, Digital & Automation initiatives in factories have helped minimize production losses and increase long-term stability, along with benefits from declining global raw material prices and a strengthening Thai baht.

With a strong financial position, the company’s board of directors has approved a dividend payment for the second half of the year at 0.39 baht per share. Combined with the first half dividend of 0.36 baht already paid, the total dividend for the year 2025 will amount to 0.75 baht, which will be proposed at the annual general meeting of shareholders on April 27, 2026.

TOA is set to drive its business forward through five key strategic pillars: 1. Growth Acceleration - maintaining its position as the number one in the paint business while expanding into high-potential markets across ASEAN; 2. Process Excellence - enhancing operational efficiency with digital technology and automation systems; 3. Customer Centricity - creating superior experiences with comprehensive Total Solutions; 4. People Development - developing personnel skills to meet new challenges (Result-Oriented Culture); 5. Sustainability Commitment - aiming for the NET ZERO goal through the 7-GREEN strategy in all business processes.

“The performance results for 2025 are a testament to TOA's strength in overcoming challenges in the Thai real estate market and successfully seizing growth opportunities at the regional level. We are confident that our focus on green innovation and sustainability will be a significant driving force for TOA's stable growth and provide good returns to investors in the long term,” Mr. Jaturaporn concluded. #TOA #ทีโอเอ