Mrs. Apassara Panupattana, Managing Director of Sunvending Technology Public Company Limited or “SVT”, a retailer operating a vending machine (VM) under the brand SUN Vending, revealed that on October 5, 2021 is another important step for the company. to bring shares to be traded in the Stock Exchange of Thailand (“SET”) for the first day by trading in the Commerce group
It is seen that the retail business selling products through vending machines in Thailand still has good growth opportunities in the future. due to the trend of cashless society to meet the style of consumers in the current era, and the company still has advantages over other operators because of having a factory Potential refurbishment and research team that developed a variety of VM machine models can support product and payment services that meet the needs of customers.
As for the money raised from this fundraising event, the company will use it for investment in business expansion projects for growth and stability. To reinforce its leadership in the retail business through vending machines (Vending Machines) under the trademark “SUNVENDING”, including the company has plans to improve VMs to be more Smart, which is expected to help answer responds well to the lifestyle of consumers and lead to sustainable growth in the future This will be a complement to the strengths of the company. sustainable growth
Ms. Phatrawadee Chotthamnavee, Deputy Director Accounting and Finance, Sunvending Technology Public Company Limited, said that the company aims for 2022 revenue to grow at least 25% from this year’s expected revenue of 2 billion baht under the plan. Expanding vending machines, expanding branches, including a new business model in the form of a franchise as well as increasing revenue from various advertising spaces The net profit margin will be at 5%.
“Overall in the 4th quarter, sales started to return after the government eased the lockdown. This year’s revenue is expected to grow at a double-digit rate, or around 2 billion baht.”
For the action plan from now on In addition to the expansion of the distribution center, 3 more branches in the North at Lamphun Province, the Northeastern Region at Udon Thani Province and the South at Hat Yai District, Songkhla Province, including plans to expand to the franchise business to expand Selling products through kiosks nationwide under the goal of installing 20,000 vending machines that support cash and 15,000 machines that support payment via electronic channels (smart kiosks) by 2023.
This was partly supported by the money the Company received from the initial public offering (IPO) to be used to expand such investments. Marketing to foreign countries in CLMV or Cambodia, Laos, Myanmar and especially Vietnam will be the first country. in cooperation with partners Initially, it is expected to be seen within 2 years as the industry in Vietnam still sees a lot of growth.
On the side of Mr. Wicha Tomana, Managing Director Investment Banking Phillip Securities (Thailand) Public Company Limited, as a financial advisor and underwriter and underwriter of newly issued ordinary shares, said that SVT is a retail stock that brings technology to create convenience. to more consumers
There is also a plan to develop a vending machine from the present that is still a common form. With 75% of its smart home portfolio, from just 10% currently, SVT has a lot of potential for further growth and is the first retail technology stock to be listed on the stock exchange. that uses technology to help
It also has the highlight of more than 20 years of experience in having its own assembly plant. and there is a vending machine Installed and serviced more than 13,884 machines, covering service areas in 26 provinces, through 11 VM distribution and maintenance centers, resulting in the company having 700 service items.
