SKY ICT Public Company Limited (SET: SKY) has announced its 1Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
SKY reported a net profit of THB 205 million for the first quarter of 2025, up from THB 110 million in the same quarter of the previous year, representing a growth rate of 86.4%. The net profit margin also increased slightly from 8.0% to 8.6%.
In the first quarter of 2025, the Group recorded total revenue of THB 2,384 million, representing an increase of THB 1,001 million or 72.4% from the same period of the previous year. This growth was primarily driven by the implementation of new projects in the System Integration (SI) segment, which aligns with the government’s economic stimulus policies. Additionally, there was a significant expansion in the Smart Security and Facility Management Services segment compared to the same period last year, as well as a continued recovery in the tourism sector. Although the number of Chinese tourists declined, the overall number of international visitors continued to rise, contributing positively to the Group’s aviation-related service revenue.
