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KLINIQ Plans M&A with 700 Million Baht Cash in Hand: Targets 30% Revenue Growth in 2022

KLINIQ or The Clinic Public Company Limited Medical Clinic revealed by Mr. Apiruj Thongwat, CEO, that this year the company plans to move forward with M&A in the business to improve growth. and set the condition that the shares must be held at least 50%, provided the company is ready with capital with cash on hand of around 700 million baht

Lap full of cash 700 million baht

For this year, the revenue target is expected to grow by 30%, reaching 3 billion baht, and there are plans to penetrate overseas customers. So that the share will increase to 13-15% from the current 10% At the same time, we will continue to expand our branches to 75 branches.

Q1/67 Looking for a budget to make a new highlight

Innovex Securities said it expects this year to have a net profit of 360 million baht, growing 24.6% as a result of recognizing sales from aggressive branch expansion. and Q1/67 is expected to continue to create the highest profit record continuously Maintain BUY recommendation Because it will grow well in the long run. From Thailand, there is a policy to promote health tourism (Wellness Tourism), causing demand from Thai and foreign customer markets. Put a target price for 2024 at 49 baht

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