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SIMAT sends a bright Q4 Sigma-Prepare Spin Off “Hinzitsu” on December 24th.


” Simat Technology ” signaled the trend of outstanding growth in Q4, benefiting from entering the high season, boosting profits this year, both from IT solutions. The Community Internet Project (USO) Phase 2, which received revenue this year for the first time, and the silk screen business of “Hinzitsu”, which has a large influx of orders. The management is confident that the performance of the year 65 will grow strong, moving forward to Spin Off “Hinzitsu” to enter the mai market in the year 65, preparing to ask the shareholders on December 24

Mr. Teerawut Kannipakul, Chief Investment Officer of Simat Technology Public Company Limited (SIMAT), revealed that the outlook for 4Q21’s operating results has continued to grow. from last quarter Since it is the high season of the business, the overall performance in 2021 will grow significantly. Compared to the year 2020, the whole year has a net profit of 40.78 million baht, while the operating results for the first 9 months of 2021 have a net profit of 65.95 million baht, higher than the full-year profit of the previous year. This was supported by the silk screen business that controls the electrical appliances. and telecommunication equipment Produced under Hinsitsu (Thailand) Public Company Limited (HST), a subsidiary of SIMAT holding 60% shares, has a continuous volume of orders.

In addition, it started to recognize revenue from IT solutions business. In the Community Internet Project (USO) Phase 2, which is a management and maintenance service for a continuous period of 5 years with a total contract value of 5 years over 1,200 million baht, the company has effectively controlled operating costs. more which is sure It will help support this year’s performance to grow according to the goals set.

As for the progress of listing the shares of Hinsitsu (Thailand) Public Company Limited (HST), a subsidiary of SIMAT, listed on the Market for Alternative Investment (MAI). Pre-emptive offering according to shareholding proportion Prepare to present the agenda to the Extraordinary General Meeting of Shareholders No. 2/2021 on December 24, 2021 at 10:00 am via electronic media (E-EGM) and is expected to be able to raise funds within 2022.

Chief Investment Officer SIMAT said that the outlook for operating results in 2022 is expected to grow strongly. This was supported by IT solutions business in the USO Phase 2 project that generated recurring income for the Company. They are also looking for opportunities to expand their network. In terms of internet cabling into remote community areas to increase revenue generation and to allow the community to use the Internet at an affordable price Combined with a plan to list HST shares on the MAI market to support future business expansion plans It will help drive the performance of the company. Growing strong and stable from the share of profit as a parent company

In addition, the operating results for the 3rd quarter of the year ended on September 30, 2021, the company had a net profit of 16.75 million baht, an increase of 286.74% from the same period of the previous year, with a net profit of 4.33 million baht and a total revenue of 243 million baht. The first 9 months had a net profit of 65.95 million baht, an increase of 90.85% from the same period last year with a net profit of 34.55 million baht.

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