Mr. Santipol Jenwattanaphaisarn, Chief Executive Officer of JenKongKlai Public Company Limited (mai: JPARK), stated that the company has acquired Consultant and Installation Parking System (CIPS) work worth about THB 100 million, requiring the company to acquire a pre-installed parking system and facilities, using its experience, professionalism, and readiness.
This job acquisition reflects investor’s trust in JPARK’s capability in installing a system and providing parking service professionally. Moreover, the company’s technology, efficient management, and operation standard of the CIPS work also marks a significant step in highlighting JPARK’s leadership in the parking lot service providing market and its preparation to grow sustainably.
Mr. Sudwin Panyawongkhanti, Chief Financial Officer of JPARK, informed Kaohoon that the company’s performance in 2Q25 is similar to the previous quarter’s performance that generate revenue from service operation at a total of THB 134 million and a net profit of THB 24 million. However, the second quarter’s performance would grow from the same period last year, which generated total revenue of THB 142 million and net profit of THB 17 million, aligning with the continued expansion of the company’s parking lots.
In 1Q25, JPARK had more than 42,000 parking spots. As for the second quarter, the company is currently processing data, which includes small, medium, and large parking lots. Furthermore, the second and fourth quarters are also periods when the company participates in auctions to acquire new parking lots, which include parking service, parking management service, and CICS.
As for 2025’s plan, JPARK aims to expand its parking lot business to 50,000 parking spots by the end of the year and expand its revenue by 30 – 40% from last year’s total revenue of THB 670 million. This revenue goal would be attributed by the revenue recognition from existing parking lots, which continue generating high revenue, and the revenue generated from 2024’s full year parking lot expansion and 2025’s on-going expansion.
