ICT Business Drives Strong Profitability
ROCTEC Global Public Company Limited has announced impressive first-quarter results for fiscal year 2025/26, with net profit surging by a significant 63.0% year-on-year to THB 121 million. This strong performance was underpinned by a robust 9.1% increase in total revenue, which reached THB 825 million for the quarter. The company’s success is a direct result of its strategic focus on the ICT services segment, which remains its core business, contributing over 85% of total revenue. According to ROCTEC’s Chief Executive Officer, Mr. Weng Sam Lam, the strong results reflect the company’s ability to expand its customer base across both the public and private sectors. He highlighted a particular growth in the Integrated Technology Solutions segment, which includes network infrastructure and cybersecurity, demonstrating the company’s success among government agencies and institutions, especially in Hong Kong.
Key Milestones and Long-Term Strategic Vision
This past quarter was marked by several significant milestones that signal ROCTEC’s forward momentum and long-term vision. The company began recognizing revenue from a major telecommunications infrastructure installation project for the State Railway of Thailand (SRT), solidifying its position in critical national infrastructure projects. Additionally, ROCTEC made progress on the terms of its Hello LED transaction with PlanB, an agreement that maintains the original transaction value and includes the establishment of a non-refundable deposit. While these milestones did not have a material numerical impact on the current quarter’s results, they are crucial indicators of the company’s ability to leverage its partner network and forge new opportunities. This strategic approach ensures a steady pipeline of future projects and creates a foundation for sustained business and financial growth.
Confident Outlook and Focus on Sustainable Growth
Looking ahead to the remainder of fiscal year 2025/26, the company holds a confident and optimistic outlook. ROCTEC expects its business, particularly the ICT services segment, to continue its strong growth trajectory, fueled by the rising demand for sophisticated technology solutions. The company is actively investing in its service capabilities through strategic in-house research and development (R&D) and the application of artificial intelligence (AI) to deliver solutions that support the development of smart city infrastructure. Despite the uncertainties posed by global geopolitical factors, ROCTEC remains confident in the resilience of its core markets in Thailand and Hong Kong, which have been less affected than other regions. With over 67% of its full-year revenue target already secured or pending recognition, the company is well-positioned to maintain its momentum and deliver long-term value to its shareholders.
