Frontline Engineering targets 500 million baht backlog

Frontline Engineering Public Company Limited (FLE) expects a recovery in its performance during the second half of 2026, driven by seasonal trends and upcoming government projects.

As of July 31, 2026, the company reported a backlog of 352 million baht. CEO Phanu Chokapirat stated that the company aims to increase this backlog to 500 million baht by the end of the year by bidding on water system projects from the government and state enterprises.

Additionally, FLE is expanding its water pump rental business to establish a recurring income stream. The company has already secured seven contracts and plans to continue expanding its customer base to diversify revenue sources.