Mr. Takorn Rattanakamolporn, Chief Executive Officer of Ditto (Thailand) Public Company Limited (SET: DITTO), stated that the company still maintain its goal of 20% revenue growth this year, compared to last year’s revenue of about THB 2.4 billion despite facing domestic and international economic volatility. DITTO is also confident that in the latter half of the year, the company will operate according to the plan.
In the second half of the year, the company has a large amount of service work from the first half and generates consecutive revenue from existing customers. There are also tasks at hand that will be the main revenue base for a short term and also some service tasks that await 2026’s budget approval from Thailand’s cabinet.
During 2Q25, DITTO and its subsidiary, Siam TC Technology Company Limited, continued receiving service works, especially data management projects.
The latest project that DITTO accepted is a project to import land data for online registration nationwide to the Department of Land, which is in phase four and worth THB 139 million. The company has been working on this project since phase one. Each phase will be implemented simultaneously across several provinces until covering the entire country.
DITTO also acquires projects for the banking sector worth a total of THB 49 million, along with several tasks for private companies and government organisations worth a total of THB 118 million. As for Siam TC Technology, which focuses on technology engineering tasks in the second quarter, the subsidiary also received several additional projects, worth a total THB 290 million. In total, DITTO and its subsidiary received operational works worth a total of THB 600 million.
Still, DITTO’s backlog is currently unable to be finalized due to being in the middle of closing second quarter financial statements. Once the process is finished and being officially announced, investors will be able to see the number of backlog and the value of revenue recognition clearly.
Thailand’s economy is presently facing volatility caused by international factors, such as U.S.’ tariff policies or the war between Iran and Israel. The domestic factor also caused the national economic growth to decline and slow down. Although several businesses would be affected by this, DITTO and its subsidiary still maintains its growth level firmly and consecutively.
This may be due to DITTO’s focus on specialized expertise, whether in data solution, data service and technology engineering, which allow the company to be affected less than other businesses. DITTO received new projects consecutively, and the majority of them are services for increasing efficiency and creating opportunities for customers to generate more revenue.
Mr. Takorn stated that DITTO will continue maintaining its performance and grow continually by using several advantages, which includes its technology specialization, its ongoing tasks, and its excellent service. The company will also apply its expertise in introducing solutions that address customer’s demand, using clear business strategy. DITTO estimated that its annual performance would remain at a new high level.
