Top 50 companies from Thailand’s SET50

Thailand's 50 largest listed companies

The 50 largest public listed companies of Thailand, components of the SET50 index, are important actors in the economy of Thailand, Southeast Asia and beyond. With a brief presentation, sector, and logo of each company, this useful list provides information and links to the company’s website and its stock quote.

List of the 50 components of the SET50 index

In order to be able to raise funds from the stock exchange, any company in Thailand has to be registered as a “Public Company Limited – PCL” to cope with the regulations of the Stock Exchange of Thailand – SET.

A member of the ASEAN Exchanges, the SET aggregates several indices to form a benchmark of the Thai market and facilitate trading and evaluation of the market trend. These indices notably include the SET index that aggregates all common stocks in Thailand, the SET50 and SET100 which are capitalization-weighted indices calculated from the top 50 and top 100 listed companies.

The SET50 index

The real-time quotation of the SET 50 index – can be followed from the Stock Exchange of Thailand’s website and also through the convenient graphical tools from Bloomberg or the ASEAN Exchanges. For more information on the SET50 index and the up-to-date weights of each stock, check the information from the SET website.

Details of the top 50 largest listed companies of Thailand

To help learn more about the largest companies of Thailand, and keep a usable list, here are listed the 50 largest public companies, the constituents of the SET50 Public Companies Limited.

Even though some of these companies are subsidiaries from the same parent company, several of these 50 companies from Thailand are part of the largest companies in Southeast Asia.

For more about the other public listed companies in Southeast Asia, check the lists of  top companies in other major ASEAN countries:

Quick links to the top 50 public companies in Thailand’s SET50

To facilitate browsing in this long list, here are links to go directly to the details of any of the SET50 companies.

For the second semester of 2017, the full detailed list of the constituents of the SET50 is as follows.

Advanced Info Service

Sector: Telecommunications

Advanced Info Service – AIS – is a leading provider of mobile phone networks in Thailand, also involved in fixed broadband, digital services, and quality and lifestyle services.

Website: ais.co.th – Stock symbol: ADVANC


Airports of Thailand

Sector: Transportation & Logistics

Airports of Thailand – AOT – is the company operating the major international airports of Thailand in Bangkok, Phuket, Chiang Mai, Chiang Rai, and Hat Yai.

Website: airportthai.co.th – Stock symbol: AOT


BANPU

Sector: Energy & Utilities

BANPU operates coal mining operations in Thailand, Indonesia and China, and coal-fired power generation in Thailand and China.

Website: banpu.com – Stock symbol: BANPU


Bangkok Bank

Sector: Finance

Bangkok Bank is a commercial bank in Thailand, a market leader for SME and corporate banking with the largest retail customer base. Bangkok Bank is also one of the largest regional banks in Southeast Asia.

Website: bangkokbank.com – Stock symbol: BBL


Bangkok Dusit Medical Services

Sector: Healthcare

Bangkok Dusit Medical Services is a hospital network in major cities of Thailand, including Bangkok, Pattaya, Phuket, Chiang Mai, and Samui, also operating two hospitals in Cambodia.

Website: bdms.co.th – Stock symbol: BDMS


Bangkok Expressway and Metro

Sector: Transportation & Logistics

Bangkok Expressway and Metro PCL is a leading mass rapid transit and transportation service operator providing services and commercial development relating to the expressway and metro systems.

Website: bemplc.co.th – Stock symbol: BEM


Bumrungrad Hospital

Sector: Healthcare

Bumrungrad Hospital is a multi-specialty hospital in Bangkok, one of the largest hospitals in Southeast Asia, serving 1.1 million patients annually.

Website: bumrungrad.com – Stock symbol: BH


Berli Jucker

Sector: Commerce

Berli Jucker is a diversified group providing integrated supply chain solutions particularly involved in the businesses of packaging, consumer products, and services, healthcare and retail.

Website: bjc.co.th – Stock symbol: BJC


Bangkok Life Assurance

Sector: Finance

Bangkok Life Assurance provides insurances and products for financial protection and wealth creation for individuals and families.

Website: bangkoklife.com – Stock symbol: BLA


BANPU Power

Sector: Energy & Utilities

BANPU Power is involved in conventional and renewable power businesses, managing assets in Thailand, Laos, China, and Japan.

Website: banpupower.com – Stock symbol: BPP


BTS Group Holdings

Sector: Transportation & Logistics

The BTS Group is the majority shareholder of the operator of Bangkok’s BTS Skytrain and BRT, also engaged in out-of-home and property development.

Website: btsgroup.co.th – Stock symbol: BTS


Carabao Group

Sector: Food & Beverages

Carabao Tawandang Company is engaged in manufacturing and distributing energy drinks under the name “Carabao Dang” along with other beverages.

Website: carabaogroup.com – Stock symbol: CBG


CP All

Sector: Commerce

CP ALL is the flagship company of the Charoen Pokphand Group, notably operating convenience stores under the “7-Eleven” trademark in Thailand, and involved in various other industries.

Website: cpall.co.th – Stock symbol: CPALL


Charoen Pokphand Foods

Sector: Food & Beverages

Charoen Pokphand Foods is an agro-industrial and food conglomerate, a member of the Charoen Pokphand Group.

Website: cpfworldwide.com – Stock symbol: CPF


Central Pattana

Sector: Real Estate

Central Pattana is the largest retail developer of Thailand, currently managing 26 shopping centers, 7 office buildings, 2 hotels, and 2 residential projects. Central Pattana is part of Central Group.

Website: cpn.co.th – Stock symbol: CPN


Delta Electronics (Thailand)

Sector: Electronic Components

Delta Electronics (Thailand) is a world-leading producer of power supplies and electronic components notably used for automotive, medical, telecommunications,  IT and automation.

Website: deltathailand.com – Stock symbol: DELTA


Total Access Communication

Sector: Telecommunications

Total Access Communication, commonly known as DTAC, is the second-largest mobile phone provider in Thailand, owned by Norwegian multinational telecommunications company Telenor.

Website: dtac.co.th – Stock symbol: DTAC


Energy Absolute

Sector: Energy & Utilities

Energy Absolute is a company involved in the production of biodiesel and renewable energy in both solar and wind power.

Website: energyabsolute.co.th – Stock symbol: EA


Electricity Generating

Sector: Energy & Utilities

The Electricity Generating Public Company Limited, also known as EGCO, is an independent power producer with subsidiaries and joint ventures in Thailand and the Asia Pacific region.

Website: egco.com – Stock symbol: EGCO


Siam Global House

Sector: Commerce

Siam Global House is a retail chain specialized in construction material, home decoration products, construction tools and equipment, home improvement, and household and gardening decoration.

Website: globalhouse.co.th – Stock symbol: GLOBAL


Glow Energy

Sector: Energy & Utilities

Glow Group is a group of energy companies generating and supplying electricity, steam, clarified, demineralized and chilled water. It is owned in the majority by the French energy company Engie (formerly GDF Suez).

Website: glow.co.th – Stock symbol: GLOW


Global Power Synergy

Sector: Energy & Utilities

Global Power Synergy is an energy company primarily involved in combined cycle – cogeneration plants, renewable energy and hydropower in Thailand, Laos, and Japan.

Website: gpscgroup.com – Stock symbol: GPSC


Home Product Center

Sector: Commerce

Home Product Center is a retailing and services company for home and building construction, expansion, renovation, and repair that operates the brand HomePro.

Website: homepro.co.th – Stock symbol: HMPRO


Intouch Holdings

Sector: Telecommunications

Intouch Holdings is a leading company in value-creating and sustainable asset management focusing on telecom, media, IT and digital content.

Website: intouchcompany.com – Stock symbol: INTUCH


IRPC

Sector: Energy & Utilities

IRPC’s historic business is in applications of petroleum and petrochemical products. It expanded to the production of petrochemical products and developed its plant and infrastructures to a fully integrated petrochemical complex.

Website: irpc.co.th – Stock symbol: IRPC


Indorama Ventures

Sector: Petrochemicals & Chemicals

Indorama Ventures is a leading producer of petrochemicals and manufacturer of wool yarns.

Website: indoramaventures.com – Stock symbol: IVL


Kasikornbank

Sector: Finance

Kasikornbank is a leading banking group in Thailand, previously known as the Thai Farmers Bank.

Website: kasikornbank.com – Stock symbol: KBANK


KCE Electronics

Sector: Electronic Components

The core business of KCE Electronics is the production and distribution of custom printed circuit boards (PCB), used primarily in the electronics and automotive industries.

Website: kce.co.th – Stock symbol: KCE


Kiatnakin Bank

Sector: Finance

Kiatnakin Bank is a bank providing financial and investment services in Thailand.

Website: kiatnakin.co.th – Stock symbol: KKP


Krung Thai Bank

Sector: Finance

Krung Thai Bank is a state-owned bank under the license issued by the Thai Ministry of Finance.

Website: ktb.co.th – Stock symbol: KTB


Land and Houses

Sector: Real Estate

Land and Houses is a real estate company primarily engaged in housing development and particularly on single-detached houses.

Website: lh.co.th – Stock symbol: LH


Minor International

Sector: Food & Beverages

Minor International is a hospitality company, restaurant operator and lifestyle brand retailer. It operates 1,500 restaurants and 100 hotels throughout the world.

Website: minorinternational.com – Stock symbol: MINT


Muangthai Leasing

Sector: Finance

Originally focusing on motorcycle loans, Muangthai Leasing has diversified to car loans, personal loans, agricultural vehicle loans, nano finance, and land loans.

Website: muangthaileasing.co.th – Stock symbol: MTLS


Pruksa Real Estate

Sector: Real Estate

Pruksa Real Estate is one of the largest real estate developers in Thailand, focusing on residential houses in Bangkok and its vicinity, and overseas.

Website: pruksa.com – Stock symbol: PS


PTT

Sector: Energy & Utilities

PTT is a state-owned oil and gas company conducting integrated energy and petrochemical businesses.

Website: pttplc.com – Stock symbol: PTT


PTT Exploration and Production

Sector: Energy & Utilities

PTT Exploration and Production – PTTEP –  is a leading Exploration and Production company in Thailand, exploring sources of petroleum in various countries.

Website: pttep.com – Stock symbol: PTTEP


PTT Global Chemical

Sector: Petrochemicals & Chemicals

PTT Global Chemical – PTTGC – is the leading integrated petrochemical and refining company in Thailand and one of the largest in Asia.

Website: pttgcgroup.com – Stock symbol: PTTGC


Ratchaburi Electricity Generating Holding

Sector: Energy & Utilities

Ratchaburi Electricity Generating Holding Public Company Limited, also known as RATCH, is a leading independent power producer from fossil fuel, renewable energy, and associated services in Thailand and internationally.

Website: ratch.co.th – Stock symbol: RATCH


Robinson

Sector: Commerce

Robinson operates department stores in Thailand and has begun expanding its operations in Vietnam.

Website: robinson.co.th – Stock symbol: ROBINS


The Siam Commercial Bank

Sector: Finance

The Siam Commercial Bank, also known as SCB, was the first bank established in Thailand in 1904 which grew to become a universal banking group.

Website: scb.co.th – Stock symbol: SCB


The Siam Cement

Sector: Construction Materials

The Siam Cement Company, better known as SCG, was originally a cement-producing company that diversified in three core businesses: cement-building materials, packaging, and chemicals.

Website: scg.co.th – Stock symbol: SCC


Siam City Cement

Sector: Construction Materials

Siam City Cement – SCCC – provides construction materials and services, sold under the INSEE brand, in Thailand and the wider region.

Website: siamcitycement.com – Stock symbol: SCCC


Star Petroleum Refining

Sector: Energy & Utilities

A subsidiary of Chevron, Star Petroleum Refining builds and operates a petroleum refinery in the Rayong Province of Thailand, producing and exporting its petroleum products.

Website: sprc.co.th – Stock symbol: SPRC


Thanachart Capital

Sector: Finance

Thanachart Capital is the parent company of Thanachart Financial Conglomerate, operating in commercial banking, asset management, securities, insurance, hire purchase, leasing and supporting activities.

Website: thanachart.co.th – Stock symbol: TCAP


TISCO Financial Group

Sector: Finance

A leading financial institution in Thailand, TISCO has developed several financial services to serve the Thai market, before evolving into a commercial bank

Website: tisco.co.th – Stock symbol: TISCO


TMB Bank

Sector: Finance

TMB Bank is a commercial bank and financial services company. Its name is the contraction of its ancestor company, Thai Military Bank.

Website: tmbbank.com – Stock symbol: TMB


Thai Oil

Sector: Energy & Utilities

Thai Oil is a refining and petrochemical company notably involved in petrochemicals, lubricants, solvent and chemical products, power generation, transportation, and ethanol production.

Website: thaioilgroup.com – Stock symbol: TOP


TPI Polene

Sector: Construction Materials

TPI Polene is a cement manufacturer that is also involved in the manufacturing of certain petrochemical products.

Website: tpipolene.co.th – Stock symbol: TPIPL


True Corporation

Sector: Telecommunications

True Corporation is a communication conglomerate controlling the largest cable TV provider, Internet service provider and one of the largest mobile operators in Thailand.

Website: truecorp.co.th – Stock symbol: TRUE


Thai Union Group

Sector: Food & Beverages

Thai Union Group is a world’s leading processor of seafood, owning a diversified portfolio of international and Thai brands.

Website: thaiunion.com – Stock symbol: TU


To sum up, here is the list of the 50 Thai companies composing the SET50 index with their name, logo, sector and stock symbol.

Here are the fifty largest PCLs listed in Thailand. Did you know them all? What do you think they should do to keep expanding their operations in Thailand, Southeast Asia or the rest of the world?

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