Sri Trang Gloves (Thailand) pcl (STGT) reported FY 2025 sales revenue of THB 23,890.3 million (-4.4% YoY) on sales volume of 37,102.2 million pieces (-3.8% YoY), with a net loss of THB 108.6 million, which STGT said was mainly due to one-time expenses recognized in the second half of the year. EBITDA in FY 2025 was THB 2,640.3 million (-22.7% YoY), while EBITDA excluding one-time items was THB 3,425.6 million (-0.3% YoY), with gross profit of THB 2,180.6 million (+0.5% YoY) and gross margin of 9.1%. In Q4 2025, STGT posted sales revenue of THB 5,267.7 million (-13.4% QoQ; -22.2% YoY) and sales volume of 8,758.6 million pieces (-12.9% QoQ; -16.1% YoY), alongside a net loss of THB 503.8 million, which it attributed to one-time expenses, including flooding-related costs in Hat Yai and impairment allowances for older factories and certain construction-in-progress projects. STGT proposed a dividend of THB 0.50 per share from retained earnings, subject to shareholder approval at its 2026 AGM, and said it is expanding automation and adopting AI technologies to improve efficiency and quality control, while highlighting continued pressure from US reciprocal tariff measures, additional industry capacity, Thai baht appreciation, and raw material price volatility.

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