Thai Industry Profit in 2025 vs Each Sector's Record Year (2026)
In short
Four of 18 Thai industry sections earned their highest net profit on record in 2025: transportation, accommodation and food, education, and agriculture. Nine sections, those four included, sit within 10 percent of their peak. Professional, scientific and technical services earned only 25.0 percent of its 2016 record. Arts and entertainment lost money in 2025 after a 2013 high. Data is as of 14 August 2026.
How far below its own best year is each industry?
Four sections are at the top right now. Transportation and storage earned 133.5 billion baht in 2025, its highest net profit in the 2007 to 2025 record (DBD, 2026). Accommodation and food service, education and agriculture also posted record years. Construction is 1.6 percent short of its 2016 high, and wholesale and retail trade is 4.7 percent short of 2023. At the other end, professional, scientific and technical services earned 120.4 billion baht against a 2016 peak of 481.8 billion. That is a quarter of what the section once made. Real estate, utilities and information and communication all sit between 59 and 67 percent of their records.
2025 net profit as a share of each section's record year
- Transportation and storage100
- Accommodation and food service100
- Education100
- Agriculture, forestry and fishing100
- Construction98
- Wholesale and retail trade95
- Water and waste92
- Human health and social work92
- Financial and insurance91
- Manufacturing84
- Other services70
- Mining and quarrying70
- Real estate67
- Electricity and gas66
- Information and communication59
- Administrative and support53
- Professional, scientific and technical25
- Arts and entertainment-6
Figures in percent of record-year net profit.
100 means 2025 is the record. Arts and entertainment is negative because 2025 was a net loss.
2025 profit against the record year, by section
| Industry section | 2025 net profit (THB bn) | Record year | Record net profit (THB bn) | 2025 as share of record |
|---|---|---|---|---|
| Transportation and storage | 133.5 | 2,025 | 133.5 | 100.0% |
| Accommodation and food service | 59.7 | 2,025 | 59.7 | 100.0% |
| Education | 8.2 | 2,025 | 8.2 | 100.0% |
| Agriculture, forestry and fishing | 11.9 | 2,025 | 11.9 | 100.0% |
| Construction | 62.0 | 2,016 | 63.0 | 98.4% |
| Wholesale and retail trade | 428.7 | 2,023 | 449.7 | 95.3% |
| Water and waste | 9.5 | 2,017 | 10.3 | 92.3% |
| Human health and social work | 57.2 | 2,022 | 62.0 | 92.2% |
| Financial and insurance | 762.9 | 2,021 | 841.4 | 90.7% |
| Manufacturing | 914.0 | 2,022 | 1,086.2 | 84.1% |
| Other services | 0.9 | 2,019 | 1.3 | 70.2% |
| Mining and quarrying | 60.8 | 2,012 | 86.8 | 70.0% |
| Real estate | 114.9 | 2,022 | 172.6 | 66.6% |
| Electricity and gas | 84.8 | 2,023 | 128.4 | 66.0% |
| Information and communication | 70.9 | 2,019 | 120.2 | 59.0% |
| Administrative and support | 45.1 | 2,024 | 85.8 | 52.6% |
| Professional, scientific and technical | 120.4 | 2,016 | 481.8 | 25.0% |
| Arts and entertainment | -0.3 | 2,013 | 4.9 | -5.6% |
Net profit in billions of baht, statement years 2007 to 2025, as of 14 Aug 2026.
Why this matters
A sector's revenue can grow for a decade while its profit stalls, and only a profit comparison shows it. The revenue-peak page in this series asked which sections had not beaten their old sales high. This page asks the harder question about what they keep. Sections at record profit, such as travel, food and freight, are still climbing out of the pandemic slump. Professional services last peaked in 2016. Real estate last peaked in 2022 and has slipped since. Lenders, landlords and investors who compare a sector with its own history, not just with other sectors, see a different map. A record year in one sector and a quarter-strength year in another can share the same national headline.
Definitions
- Record year
- The statement year in which a section's total net profit was highest between 2007 and 2025.
- Net profit
- Revenue minus all costs, tax and interest, as filed by each company and summed across a section.
- Section
- One of the lettered top-level TSIC industry groups, such as C for manufacturing.
- Aggregate
- A total summed over every filing company in a group, not an average.
Assumptions
- Only companies that filed a statement for a given year are counted, so coverage differs between years.
- Record years can reflect one-off gains or expanded registry coverage, not only operating strength.
- Figures are nominal baht with no inflation adjustment.
- The 2025 year may be revised upward as late filings arrive.
Methodology
Figures come from the Department of Business Development registry, aggregated to net profit per industry section for each statement year from 2550 to 2568 Buddhist era, which is 2007 to 2025. Five-digit TSIC codes were grouped into lettered sections. Each section's record year is the statement year with the highest total net profit in that window. The comparison is 2025 net profit divided by that record. Year 2569 is excluded because it is incomplete. The underlying rows were computed on 14 August 2026. Sections T and U returned no usable 2025 rows and are left out.
How we verified this
- Transportation and storage: 133,513,426,606.57 divided by 133,513,426,606.57 equals 100.0 percent, so 2025 is its record.
- Construction: 61,959,900,746.21 divided by 62,984,592,147.97 equals 98.4 percent, a gap of 1.6 percent.
- Wholesale and retail: 428,678,151,144.50 divided by 449,693,000,623.03 equals 95.3 percent, a gap of 4.7 percent.
- Professional, scientific and technical: 120,357,248,152.58 divided by 481,818,620,943.37 equals 25.0 percent.
- Arts and entertainment: negative 272,048,181.22 divided by 4,866,842,733.50 equals negative 5.6 percent.
- Count of sections with a share of at least 90.0 percent recounted as nine: H, I, P, A, F, G, E, Q, K.
- Sum of 2025 section profits 2,945.1 billion divided by sum of section peaks 3,807.8 billion equals 77.3 percent.
- Record years converted from Buddhist era by subtracting 543, for example 2559 to 2016.
References
- Department of Business Development. (2026). Registered juristic persons and financial statement aggregates. Ministry of Commerce, Thailand. https://www.dbd.go.th/
Frequently asked questions
Which Thai industries earned a record profit in 2025?
Transportation and storage, accommodation and food service, education, and agriculture, forestry and fishing each posted their highest net profit in the 2007 to 2025 record.
Which industry is furthest below its record profit?
Arts and entertainment, which lost 0.3 billion baht in 2025 against a 4.9 billion baht peak in 2013. Among profitable sections, professional, scientific and technical services is furthest below at 25.0 percent of its 2016 record.
Is a record year the same as a high margin?
No. A record year means the largest total baht of net profit, not the best margin. Margins are covered in the most profitable industries page.
Could 2025 figures still rise?
Yes. Late filers can lift a year's totals, so a section just short of its record could still close the gap.
Cite this page
Chatpong L. (2026). Thai Industry Profit in 2025 vs Each Sector's Record Year (2026). Max Data Insights. https://maxdatathailand.com/insights/thai-industry-sections-profit-gap-to-their-own-record-year-2026
Data & corrections
Download the data (CSV)Spot something off, or want to ask about the data? Email insights@maxsolutions.co.th. We publish corrections.
Written by
Chatpong L.Founder, Max Data, Max Solutions Co., Ltd.
Chatpong L. leads Max Data, a company-intelligence platform built on Thailand's official business registry. He writes about the structure of the Thai economy using primary registry data. His work covers company formation, industry concentration, and regional business activity.
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This page reports company-level and aggregate statistics only. It names no individuals and makes no claims about any person. Figures are provided for information and may be revised as source data updates.