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COM7 invests 1 billion baht to expand more branches – create new businesses Revenue growth banner this year

Mr. Narong Sriwanwit, Chief Operating Officer of Sales and Retail Business Com7 Public Co., Ltd. revealed. (COM7) that the company has set a revenue target for 2023 to grow at least 15% from the previous year, is ready to set a target within 3 years to increase market share, expanding market share to 35% of market value IT and smartphones in Thailand The segment that will grow significantly is the mobile phone group. and the general economic recovery in the post-Covid era New products are being launched and new brands to create more colors

The company There are plans to expand branches in 2023 by opening another 200 branches to support strengths in terms of distribution channels. to reach more customers and focus on more Stand Alone branches, along with expanding online channels to grow significantly according to the Omni Channel strategy after having a comprehensive platform. and the success of online channels in 2022 with sales of 3,000 million baht, an increase of more than 30% from the previous year.

This year’s investment expenditure budget (Capex) is set at 1,000 million baht, with growth from COM7 and its subsidiaries having invested more. To fully expand the business ecosystem further. and expand to new opportunities, leading to the view that COM7 will not only grow from IT and technology products But it can also be extended to businesses with better profits. By the progress of committing to a joint venture with Royal Bangkok Healthcare Co., Ltd., a subsidiary of Public Company Bangkok Dusit Medical Services Limited (BDMS) established a new company called Doctor Pharma Company. Health Technology Co., Ltd. by holding 39.99% of shares to enter the megatrend health business. Including the opportunity to sell additional health related technology equipment. At the moment, there are 2 pharmacies under the Dr.Pharma brand at the end of last year. Target end of 2013 with more than 10 branches

In addition, from the overview in Thailand entering an aging society and more pet care breaking the business line Preparing to open a pet restaurant under the brand name “Pet Paw” to diversify into an industry which is growing Expect to see the first branch between March and April this year. It is expected that by the end of the year there will be 20 pet restaurants and about 10 branches have already been opened today and in the future they may join business partners to penetrate more decisively into the pet restaurant business. Including buying the shares of Phuttadham Insurance Public Company Limited in September at a rate of 96.75%, now changed its name to ICare Insurance Public Company Limited, supporting COM7 to expand its business into the non-life insurance business. And can increase potential, expand the business and support the main business of the company and its affiliates. It also increases the ability to make a good profit for the company in the future.

For the year 65, the tourism sector has improved. As a result, Thailand’s economy has expanded. The domestic consumption sector began to have more purchasing and spending power. Positively affecting the performance in 2022, it can continue to grow from the previous year. And it is expected that it will be able to sustain the growth potential of operating results continuously in the future.

The company’s performance at the end of the year 2022 (January-December 22) has a profit of 3,037.7 million baht, an increase of 15.5% from the year 2022 with a profit of 2,630.39 million baht. The provision of services this year was 62,732.6 million baht, an increase of 11,606.2 million baht or an increase of 22.7% of the supporting factor of the economic recovery.

While in the fourth quarter, the company had revenue of 18,843.5 million baht, an increase of 7.1% due to the impact of the shortage of products, especially the iPhone 14, as well as the slowdown in purchases at the end of the year 2022. from the Shop Night project Dee Mee started At the beginning of the year ’66, which is currently the signal of the iPhone 14, the product supply has returned. and an overview of new product launches Especially a variety of famous brand smartphones The product was launched in the 1st quarter of 2023, making it possible to see that the trend in the 1st quarter of this year, the purchasing power signal, will return to be more active than in the 4th quarter of 2022.

In the year 2022, COM7 has expanded to 116 branches, increasing according to the economic recovery. At the end of the year 2022, the Company had a total of 1,162 branches under the management of the group (in 2021, there were 1,046 branches ), namely: BaNANA, Studio7, KingKong Phone, iCare, BKK, E-quip, Bb, B-Play, Franchise, True Shop by Com7 and Brand shop.