In 2025, the Company achieved steady growth despite global economic volatility, while strengthening stakeholder confidence.
It advanced its business through the “4Ds” strategy and ESG approach, elevating its supply chain to international standards.
The Company further reinforced its leadership with strong financial performance and recognition through awards in business excellence, investor relations, and sustainability.
Mr. Chanitr Charnchainarong
Chairman of the Board of Directors
Message from the Chairman of the Board of Directors
2025 presents another year of challenges for the business sector, driven by a rapidly evolving global landscape encompassing economic fluctuations, geopolitical conflicts, trade restrictions, and climate change – all impacting the para rubber industry's supply chain. Nevertheless, Northeast Rubber Public Company Limited has maintained a stable business operation, continued its growth trajectory, and fostered trust among all stakeholders, guided by its commitment to “Creating Value Beyond Rubber.”
Since its listing on the Stock Exchange of Thailand in 2018, the Company's business has grown steadily, achieving a Compound Annual Growth Rate (CAGR) of 17.03% for sales revenue and 21.35% for net profit. This performance has been coupled with consistent returns for shareholders, offering an average dividend yield of 6 - 7% annually. This demonstrates the Company's ability to generate economic value alongside sustainable social and environmental benefits, guided by its “4 Degrees of Excellence” strategy: Excellent Products, Excellent Partners, Excellent Environment, and Excellent Society.
In terms of sustainability, the Company has made significant progress by integrating the management of climate change risk and opportunity into its strategic planning and business decision-making processes. It is also preparing for the requirements of the European Union's Deforestation Regulation (EUDR) by enhancing its data systems and traceability throughout the supply chain. Furthermore, the Company is developing higher-value, environmentally friendly rubber products and working towards carbon neutrality to meet the growing global demand for environmental responsibility.
In addition, the Company remains committed to conducting business with social responsibility, prioritizing respect for human rights throughout its supply chain, ensuring fair labor practices and treatment, and the continuous improvement of occupational health and safety standards. These principles are fundamental to building value and trust with all stakeholders.
For the fire incident at the Buriram plant in July 2025, the Board of Directors and management quickly brought the situation under control, minimizing any significant impact on overall operations. The Company has taken lessons from this incident to further improve safety measures and risk management.
Due to its outstanding performance in the past year, the Company has received recognition from leading organizations across multiple areas. In terms of business management, the Company received the Best Company of the Year 2025 in the agricultural sector (Money & Banking Awards 2025) and the IAA Awards for Listed Companies 2025. For investor relations, the Company received the SET Awards 2025 - Business Excellence category – for both Best Investor Relations Award and Outstanding Investor Relations Award from the Stock Exchange of Thailand, recognizing listed companies with the highest standards of transparent and effective investor communication. Furthermore, the Company has been selected for the Thailand Sustainability Investment list for the fourth consecutive year, achieving the highest ‘AAA’ rating from the SET ESG Ratings for 2025, and also received the Commended Sustainability Award within the SET AWARDS 2025 - Sustainability Excellence category.
The Company believes that conducting business based on environmental, social, and governance (ESG) principles, coupled with a commitment to the vision of “Creating Value Beyond Rubber”, will be a key driver in strengthening its competitiveness in the global market and achieving stable, sustainable long-term growth.
On behalf of the Board of Directors, I would like to express my gratitude to our shareholders, business partners, customers, and all stakeholders for their continued trust and support. The Company remains committed to conducting business with responsibility and transparency, and to jointly creating sustainable value.
In 2025, the Company delivered steady growth amid challenges through proactive strategies, driving continuous increases in revenue and profit.
It enhanced competitiveness through the implementation of traceability systems, progressed toward carbon neutrality, and expanded its capabilities to support the EV market.
The Company reinforced its leadership in corporate governance and sustainability, earning national-level recognition and awards.
Mr. Chuwit Jungtanasomboon
Chief Executive Officer
Message from the Chief Executive Officer
The year 2025 demonstrates Northeast Rubber Public Company Limited's ability to put its “4 Degrees of Excellence (4D)” strategy into concrete practice despite challenges posed by climate change, trade wars, and the situation on the Thai-Cambodian border. The Company effectively managed risks and maintained profitability by implementing a proactive adaptation strategy focused on improving operational efficiency through automation and data analytics, alongside a matching strategy to mitigate cost and selling price fluctuations.
From these operations, in 2025, the Company generated total sales revenue of 30,240 million baht and a net profit of 1,885 million baht, representing a 10% and 14% increase respectively compared to 2024. This demonstrates the Company's financial stability and resilience in a challenging environment, and strengthens its potential as a mature growth organization capable of continuous, high-quality long-term value creation.
In terms of strategic operations, the Company has successfully developed a traceability system to meet EUDR requirements, including creating a mapping system for over 120,000 rai of rubber plantations. This ensures complete traceability of raw material sources throughout the supply chain. At the same time, the Company is making progress towards its carbon neutrality goal by 2030, which not only strengthens customer confidence in the global market but also reduces regulatory and sourcing risks for manufacturers in the electric vehicle (EV) supply chain. Consequently, the Company is elevating its role from a raw material supplier to a strategic partner, gaining a competitive advantage in markets that highly value sustainability and traceability.
The Company's third Standard Thai Rubber (STR) plant construction project will begin in 2026 to support the growth of the electric vehicle (EV) industry. This project is a key foundation of our medium-term strategy (3–5 years) for expanding our revenue base and developing and further innovating downstream products, such as the Cattle Flex brand, to enhance competitiveness and long-term profitability.
In the event of a fire at the Phase 1 STR warehouse on July 20, 2025, which caused approximately 300 million baht in property damage, the Company effectively implemented its emergency response plan and business continuity plan. This ensured no significant impact on production, product delivery, or overall operations. The Company is fully insured, covering 100% of the losses, and has used the lessons learned from the incident to review and improve its safety measures and risk management procedures. Furthermore, the Company monitored the potential impact on environmental quality and the health of the surrounding community for six months.
Beyond economic value creation, the Company prioritizes conducting business with good corporate governance, promoting a culture of anti-corruption throughout its supply chain. It has encouraged 12 business partners to join the declaration of intent corruption to collectively raise standards of the Thai rubber industry. This leadership in concrete action has earned the Company the CAC Change Agent Award 2025 from the Thai Institute of Directors in 2025, as well as numerous awards from leading organizations for both business operations and sustainability. These include “Company of the Year 2025,” the IAA Awards 2025 and three prestigious SET Awards 2025 for investor relations and sustainability excellence, and recognition as a sustainable stock with the highest 'AAA' rating from the SET ESG Ratings in 2025.
On behalf of management, I would like to express our gratitude to our shareholders, customers, business partners, employees, and all stakeholders for their continued trust and support. Your collaboration has been instrumental in driving the organization forward through recent crises and challenges. We remain committed to responsible, transparent, and disciplined operations as we strive for balanced and sustainable growth, guided by our mission to “Creating Value Beyond Rubber.”