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TKS announces strong growth in Q3, profitable sales, TBSP promotes base expansion strategies – new product launches

Mr. Jutiphan Mongkolsuthi Managing Director, T.K.S. Technology Public Company Limited or TKS A major integrated security printing operator in the country revealed that the outlook for the 3Q21 performance is expected to continue to improve. As a result of the Company will recognize a special transaction from the sale of 73.48% shares of TBSP Public Company Limited or TBSP to Sabai Technology Public Company Limited or SABUY at the price of 13.36 baht per share, equivalent to over 2 billion baht

Including additional investment in SABUY, the process is expected to be completed in September. In 2021, these factors will help build on TKS’s existing business and drive revenue growth. as well as reducing operating costs of the business in the future in another way

At the same time, the company has continued to adjust its business structure continuously. To become a complete technology solution provider, TKS is currently undergoing a restructuring of the company. After joining hands with SABUY, it is expected that it will help complement the Fintech Ecosystem, in line with the company’s progress towards the digital world.

It is expected that the inter-company share trading transaction will be completed in Sept. In the Extraordinary General Meeting of the shareholders of the two companies, TKS will hold 9.68% of SABUY while SABUY will hold 73.48% of TBSP. SABUY and TBSP will hold a shareholders’ meeting when Date 27 Aug. 64 ago

“We believe that the direction of performance in the second half of the year 64 still has good growth prospects. together with the company There are plans to expand the customer base and develop new products and services. with more customers as well as looking for opportunities to participate in bidding from various government projects, which the Company has expertise and expertise in. It is expected that sales from sales and services this year will grow in all business segments.” Mr. Jutiphan say

At the same time, the Company will increase the market for the Label & Packaging Solutions business as it is a business with very good growth prospects. Especially the packaging business is a trend that has high demand for use. At the same time, the company is also considering building a warehouse. The company already has some customer base in the B2B segment and believes that it will be an opportunity to generate another income for the company in the future.