INET’s Share Extends Gain on Tuesday Trades, ahead of Estimated 20% Revenue Growth in 2022

Internet Thailand Public Company Limited (SET: INET)’s share jumped on Tuesday to extend gains, with a rise of more than 50% in two days. 

 

As of 11.22 hrs. local time in Thailand, the share price of INET rose THB1.00/share or 13.51% to THB8.40/share, with a trading value of THB718 million. INET’s equity opened over 24% higher today, continuing a momentum that began yesterday with a gain of about 30%.

 

Mrs. Morragot Kulatumyotin, Managing Director of INET, revealed to “Kaohoon Online” on January 10, 2022, that the company estimated 2022 revenue to grow 20%, mainly contributed by its “Cloud” services that has consistent growth amid the transformation into digital era where people opt to use service from data center.

INET is a one-stop service provider of ICT infrastructure for businesses and individuals who wish to use ICT as a tool to enhance the competitiveness of their businesses. The company’s services cover both cloud services and digital services. Full internet network connection providing data center services with various devices for those who want an efficient service at an international standard, to use as a tool to increase efficiency for their businesses.

The company is focused on providing services in infrastructure as the service is an essential ICT tool that Thai businesses can use to enhance their business competitiveness and manage their business costs more efficiently. In order to bring ICT technology to be applied within the organization in accordance with the digital economy society. Starting from the use of cloud solutions that meet international standards. High security and located in Thailand, this is the main services that the company is committed to providing, a new alternative to various organizations.

Until now, the company has been considered the leader in providing Cloud Services to build confidence with businesses. The company offers services to interested customers to test the system before using the service which has received good feedback. As a result, new customers are continually testing and using the service and we can offer additional services on demand and suit the rapidly growing trend of Cloud Solutions. Gartner, the world’s leading information technology research and analysis company. Reported that the cloud services industry will continue to grow until 2022.