Post by account_disabled on Dec 25, 2023 23:26:01 GMT -5
Infraset Public Company Limited (INSET) released its 3rd quarter 2020 budget, with revenue reaching 530 million baht, an increase of 24% from the same period last year. While having a net profit of 52 million baht, an increase of 3.5% from the same period last year. Because they are aware of the work in hand that has been stocked. Including controlling costs effectively As a result, the gross profit margin remains at a good level. Fak "Sakbowon Pukkanasut" Managing Director Final evaluation, good signal, benefits from Data Center work and 5G system installation work continue to come in. Support this year's performance to reach the target level of 10-15%. Mr. Sakbowon Pukkanasut, Managing Director Infraset Public Company Limited (INSET) revealed that the overall operating results for the 3rd quarter of 2020 Total income was 530 million baht, an increase of 24% from the same period last year with income of 428 million baht, while net profit was 52 million baht, an increase of 3.5% from the same period last year. 50 million baht As for operating results for the 9-month period of 2020, the company had total income of 1,060 million baht, an increase of 5% from the same period last year with total income of 1,006 million baht, while net profit was 102 million baht, an increase.
Up 5% from the same period last year with a net profit of 97 million baht. For factors that support income and increased profits Due to gradually acknowledging the work in hand (Backlog) of various projects continuously In the 3rd quarter of 2020, the company recognized most of the income. From the project to install the 850 MHz frequency band filter circuit according to the NBTC announcement and the project to build a complete data center for Krungthai Computer Services Company Limited (KTBCS), the total realized value of both projects Telegram Number Data was 371.47. million baht. Meanwhile, in the past the company has controlled costs very well. As a result, the ability to gross profit margins remains at a consistently good level. "Overview of operating results in the 3rd quarter of 2020 Still in a good direction Even though faced with the economic slowdown Due to the impact of the COVID-19 outbreak situation, the company is still able to maintain its profits." Mr. Sakbowon further said that in the final stretch of 2020, the company estimates that business operations are still in a good direction.
Currently, the company has a stockpiled backlog of more than 2 billion baht, while data center work and expansion work Telecom operators' 5G networks are expected to see more investment. Therefore making the company Still maintaining this year's revenue target to grow at 10-15% from last year's income of 1.2 billion baht. In addition, it is estimated that from the past COVID-19 situation, it is likely to be an impetus to expand investment in IT from the private sector. To increase competitiveness in the next era Therefore, when investment expansion increases It should be a good opportunity to increase the amount of work on hand as well. However, the company still maintains a policy to increase the proportion of regular income regularly. To support stable long-term growth, this year the company expects that a proportion of its revenue will come from the infrastructure business. and telecommunications networks approximately 50%, data center construction and information technology systems business 40%, and maintenance and service businesses. which is a regular income (Recurring income) 10%.
Up 5% from the same period last year with a net profit of 97 million baht. For factors that support income and increased profits Due to gradually acknowledging the work in hand (Backlog) of various projects continuously In the 3rd quarter of 2020, the company recognized most of the income. From the project to install the 850 MHz frequency band filter circuit according to the NBTC announcement and the project to build a complete data center for Krungthai Computer Services Company Limited (KTBCS), the total realized value of both projects Telegram Number Data was 371.47. million baht. Meanwhile, in the past the company has controlled costs very well. As a result, the ability to gross profit margins remains at a consistently good level. "Overview of operating results in the 3rd quarter of 2020 Still in a good direction Even though faced with the economic slowdown Due to the impact of the COVID-19 outbreak situation, the company is still able to maintain its profits." Mr. Sakbowon further said that in the final stretch of 2020, the company estimates that business operations are still in a good direction.
Currently, the company has a stockpiled backlog of more than 2 billion baht, while data center work and expansion work Telecom operators' 5G networks are expected to see more investment. Therefore making the company Still maintaining this year's revenue target to grow at 10-15% from last year's income of 1.2 billion baht. In addition, it is estimated that from the past COVID-19 situation, it is likely to be an impetus to expand investment in IT from the private sector. To increase competitiveness in the next era Therefore, when investment expansion increases It should be a good opportunity to increase the amount of work on hand as well. However, the company still maintains a policy to increase the proportion of regular income regularly. To support stable long-term growth, this year the company expects that a proportion of its revenue will come from the infrastructure business. and telecommunications networks approximately 50%, data center construction and information technology systems business 40%, and maintenance and service businesses. which is a regular income (Recurring income) 10%.