SABUY Jumps 11% as The Company Projects 160% Revenue Growth in 2022

The share price of Sabuy Technologies Public Company Limited (SET: SABUY) rose THB2.10 or 11.41% per share to close the morning session on June 24, 2022, at THB20.50 per share.

In an interview with “Kaohoon Online” through MCOT HD30 Channel, Mr. Chookiat Rukanapornpajee, Chief Executive Officer of SABUY, stated that he targeted the revenue in 2022 to be around 5,000-6,000 million baht, a significant increase from 2,300 million baht in the previous year (+117% to +160% growth). An increase in revenue would be from growth in five core businesses through partnerships and more investment to strengthen its ecosystem that should create long-term growth for the company.


Earlier today, the company also announced the acquisition of assets in four companies namely; iSoftel (Thailand) Company Limited, Softel Communication (Thailand) Company Limited, Oops Network Company Limited and Redhouse Digital Company Limited.

ISF Holding Company Limited generates revenues from holding shares in limited companies and public limited companies.

iSoftel (Thailand) Company Limited provides services and system development on automatic call forwarding system, voicemail system, telephone call-center, and one-stop service customer relation.

Oops Network Company Limited generates its revenues through advertisement activities.

Redhouse Digital Company Limited provides on-stop services in digital marketing to organizations, ranging from getting briefs from the organization, planning the strategies concluding research for insight information both of goods and services for the purpose of delivering marketing campaigns and digital platforms to respond the targets of the client in each campaign