Thailand Post sees first half profits rise 362% to B631m

State logistics service provider Thailand Post reported a net profit for the first half of 2025 of 631 million baht, up 362% year-on-year, thanks to efficient cost management and strong logistics service development.

- KOMSAN TORTERMVASANA

Total revenue reached 11.5 billion baht, up 8.88%, despite a softening economy and fierce market competition, according to Thailand Post president Dhanant Subhadrabandhu.

The state agency marked its 142-year anniversary yesterday.

Mr Dhanant said the logistics business accounts for around 47% of the company’s total revenue, while the postal service contributes 37%, the international service 9%, retail business at 5%, with the remainder derived from “others’

The state agency remains the leader in the logistics service market with a share of more than 30%.

Mr Dhanant said the state agency is driving forward with its “1-4-2” strategy.

The “1” stands for its position as the leading logistics provider trusted by Thais, he said.

The “4” represents the four forces driving transformation, comprising speed, business empowerment, global connectivity and innovation, while “2” refers to two core missions: being a connector of relationships, and being a partner in success for the Thai people.