ROCTEC Global Public Company Limited (SET: ROCTEC) reported first quarter results for fiscal year 2025/26 (April – June 2025) with total revenue of THB 825 million, an increase of 9.1% from the same period last year, reflecting the growth potential of the ICT services segment, which remains the company’s core business, contributing over 85% of total revenue. The company recorded a net profit of THB 121 million, up 63.0% YoY, supported by growth in operating profit and the recognition of share of profit from investments in overseas associates that have continued to deliver strong performance.
Mr. Weng Sam Lam, Chief Executive Officer of ROCTEC, stated, “The strong performance this quarter reinforces the success of the company’s strategy to focus on comprehensive ICT services, which has continuously expanded the customer base across both public and private sectors. This is particularly evident in the Integrated Technology Solutions segment, which covers network infrastructure and cybersecurity systems, and has shown clear growth among government agencies and institutions in Hong Kong. The company will continue to build on its strengths in technology and project management to drive sustainable growth in all markets where the company operates.”
In this quarter, the company also achieved significant milestones, including the commencement of revenue recognition from the telecommunications infrastructure installation project for the State Railway of Thailand (SRT), as well as progress in revising the terms of the Hello LED transaction with PlanB, which maintains the original transaction value and includes the establishment of a non-refundable deposit. Although both items did not have a material numerical impact on this quarter’s results, they reflect the company’s ability to leverage the partner network and create long-term business and financial opportunities.
The company expects business in fiscal year 2025/26, led by the ICT services segment, to continue growing, and fueled by rising demand for technology solutions. ROCTEC is advancing the service capabilities through strategic investments in in-house research and development (R&D), alongside the application of artificial intelligence (AI) to deliver solutions that support smart city infrastructure. Despite global economic uncertainty driven by geopolitical factors, the company remains confident in the resilience of the core markets in Thailand and Hong Kong, which have been less affected compared to other regions. With secured and pending revenue recognition already exceeding 67% of the fiscal year 2025/26 target, revenue streams for the remainder of the year are well-supported. The company remains committed to sustainable growth, enhanced competitiveness, and delivering long-term value to shareholders in all market conditions.
