M.L. Chandchutha Chandratat, Chairman of Chememan Public Company Limited (“CMAN”), a leading global producer of lime and specialty chemical products under the "CHEMEMAN" brand, announced that CMAN reported total revenues of THB 1,888 million, down 4.6%, while net profits grew by 7.6% to THB 256 million compared to the same period last year. Gross profit margin rose to 40.1%, up from 36.6% in H1/2025, reflecting the company’s effective cost management during this challenging business environment.

For Q2/2026, CMAN reported revenues of THB 907 million and net profits of THB 84 million, representing a decline of 4.5% and 21.9% in the same quarter last year, respectively. These results were impacted by geopolitical tensions driving up global energy prices and freight costs. However, the company maintained a gross profit margin of 38.2%, up from 37.2% in Q2/2025, driven by strict cost discipline and enhanced production efficiency.

Despite external challenges, CMAN is actively pursuing its strategic growth plans. Positive contributions from the acquisition of Lime Master Co., Ltd. will be realized starting in Q3/2026. Combined with a strategic focus on operational efficiency, advanced technologies, strict cost controls, and acceleration of our green transition, with a target to reach 90% EV fleet adoption by the end of 2026, CMAN remains confident that 2026 will mark another year of record profitability.

For the medium-term (2-3 years), CMAN is prioritizing targeted expansion into India and Indonesia to boost production capacity and broaden its customer base. Furthermore, the company expects to expand solar power capacity to our overseas production facilities. Additionally, the company is testing biomass fuel in its production process to significantly reduce CO2 emissions over the long term.

"Despite global economic uncertainties, our strong business network, reputation across the Indo-Pacific region, and a highly flexible business model are supporting our positive business momentum. The timing is also right to increase our investments, which will further cement our position as the Indo-Pacific region’s market leader and increase our future performance," said M.L. Chandchutha Chandratat.