ROCTEC Global Public Company Limited (SET: ROCTEC) announced its financial results for the fiscal year ended March 31, 2025, reporting total operating revenue of THB 3,093mn, an 18.7% increase year-on-year. Net profit reached THB 340mn, representing robust growth of 46.2% compared to the prior year. These results reflect ROCTEC’s continued progress in its strategic transformation into a fully integrated ICT Solutions provider. The strong performance was driven by the expansion of projects across both public and private sectors, coupled with effective cost management, which together supported the company’s sustained business growth.
Mr. Weng Sam Lam, CEO of ROCTEC, stated:
“This year’s performance reflects the successful execution of our strategic transformation into a fully integrated ICT service provider, supported by strong growth across both public and private sector projects. We remain committed to leveraging our capabilities to capture new opportunities and drive sustainable growth.”
In April 2025, ROCTEC achieved a major milestone by securing its first government project in Thailand, the State Railway of Thailand’s telecommunications infrastructure project, through a joint venture with partners. With a total contract value of nearly THB 1,500mn, the project marks a significant step in expanding the company’s role in Thailand’s critical communications infrastructure, providing the foundational backbone for the railway network and enabling future advancements in smart transportation and real-time data integration. As the agreement was signed after the close of FY2024/25, revenue contribution will begin in the next fiscal year, further strengthening the company’s growth trajectory and reinforcing long-term revenue visibility. This successful award also underscores ROCTEC’s ability to leverage its extensive experience from the Hong Kong market to expand into Thailand’s rapidly developing digital infrastructure sector.
In addition, ROCTEC continues to actively rebalance its business portfolio. On May 30, 2025, the company’s Board of Directors approved revised terms for the share divestment in Hello Bangkok LED Co., Ltd. (Hello LED) to Plan B Media Public Company Limited (SET: PLANB). While the total transaction value remains unchanged at THB 2,000mn, as previously approved by shareholders, the revised terms include a non-refundable deposit of THB 240mn and an extension of the transaction timeline to August 2027. The adjustments are subject to shareholder approval at the upcoming Annual General Meeting scheduled for July 24, 2025. This revision reflects prudent risk management in response to ongoing economic volatility while reaffirming ROCTEC’s long-term commitment to focused growth in the ICT sector.
ROCTEC maintains a solid financial position, with no outstanding debt and cash and cash equivalents of THB 1,838mn as of fiscal year-end. In addition, the company holds a backlog equivalent to nearly half of projected revenue for FY2025/26, providing clear visibility into future earnings and supporting its medium-term growth outlook. For FY2025/26, ROCTEC targets double-digit revenue growth, with a focus on enhancing service capabilities through continued investment in in-house R&D and the application of artificial intelligence (AI) to develop smart city solutions. Despite ongoing global economic uncertainty and geopolitical tensions, ROCTEC remains confident that its key markets in Thailand and Hong Kong are relatively less exposed to such risks compared to other regions. The company remains committed to delivering sustainable growth and long-term value for its shareholders.
