Operates a retail business, invests in and manages integrated healthcare, both preventive and curative, including developing technology and distribution channels.
| 3M25 | 3M24 | 2024 | 2023 |
|---|
| Revenues | 27.43 | 13.77 | 45.82 | 25.07 |
| Expenses | 28.00 | 20.39 | 507.66 | 299.16 |
| Net Profit (Loss) | -0.96 | -12.28 | -458.27 | -264.47 |
| Assets | 385.39 | 751.57 | 373.89 | 760.29 |
| Liabilities | 84.91 | 67.15 | 77.18 | 63.05 |
| Shareholders' Equity | 277.32 | 684.68 | 278.29 | 696.96 |
| Operating | 5.84 | -10.13 | -46.67 | -20.31 |
| Investing | 0.36 | 29.42 | 96.99 | 20.89 |
| Financing | -0.97 | -13.24 | 37.67 | -6.22 |
| EPS (Baht) | -0.03 | -1.17 | -0.69 | |
| GP Margin (%) | 45.02 | 49.47 | 40.99 | 52.58 |
| NP Margin (%) | 6.08 | -91.95 | -1,002.98 | -1,064.18 |
| D/E Ratio (x) | 0.28 | 0.10 | 0.26 | 0.09 |
| ROE (%) | -92.92 | -33.05 | -93.98 | -32.03 |
| ROA (%) | -78.78 | -30.30 | -80.98 | -29.50 |
HEALTH has integrated sustainability concepts across economic, social, and environmental dimensions into its organizational development. To maximize return on investment, HEALTH emphasizes the efficient use of resources such as water, electricity, and paper, including repairing office equipment internally and promoting resource conservation. For sustainable growth, HEALTH regularly reviews its overall business to better understand its strengths and consumer needs. This leads to the creation of new products and services that meet consumer demands and informs decisions about opening new markets accessible to both domestic and international customers.
Elevate the Thai healthcare industry for quality of life and economic growth through collaboration with the Department of Thai Traditional and Alternative Medicine, the Medical Association of Thai Traditional and Integrative Medicine, in developing products under the "Karaboon" brand. The group has also developed a sales promotion and marketing management platform under the "Promise Order & Inventory Management" brand, as well as designing and developing a comprehensive digital service system under the Digital Data Tech Development project. Furthermore, the group has developed collaborations with leading partners such as the Thailand Charter of Health and leading educational institutions both domestically and internationally.
- For Q1 2024, the Group reported a net profit of 1.66 million baht in the consolidated financial statements. Compared to Q1 2023, the net profit increased by 14.32 million baht, or 113.17%. This increase is primarily due to higher sales and service revenue from the program and network services business segment.
- The Group's total sales and service revenue for Q1 2024 reached 25.87 million baht. Compared to Q1 2023, this represents a 20.85 million baht increase, or a 415.33% rise. The main contributor to this increase is the 22.37 million baht rise in revenue from program and network services, resulting from the investment in a digital literacy technology subsidiary during 2023. This investment aimed to expand the business and create new revenue streams, aligning with the Group's strategic plan.
- The cost of sales and services presented in the consolidated financial statements for Q1 2024 amounted to 14.51 million baht, a rise of 11.71 million baht, or 418.98%, compared to the same period last year. In summary, the key factor impacting the Q1 2024 performance is the performance of the program and network services segment, stemming from management's decision to invest in the digital technology business last year.
- Furthermore, the company effectively managed administrative expenses, resulting in a 4.97 million baht decrease, or a 31.72% reduction, compared to the same period last year. Consequently, the company achieved a net profit of 1.66 million baht in the consolidated financial statements.
On March 11, 2025, HEALTH resolved to approve Medivel Co., Ltd. (“MW”), a subsidiary (100% owned), to invest in 99.92 percent of the ordinary shares of Karboor Wellness Co., Ltd. (“KRBW”), which operates a business providing services for traditional Thai medicine clinics, traditional massage, sauna, spa, and physiotherapy.
HEALTH has a risk management policy that the HEALTH group uses as a guideline for practice and operates according to said policy. This covers both the organizational and operational levels, including strategic risk, operational risk, reporting risk, compliance risk, various business risks, including risks from changes in government policies and various laws related to HEALTH.
| as of 31/03/25 | HEALTH | SERVICE | mai |
|---|---|---|---|
| P/E (X) | - | 54.71 | 37.47 |
| P/BV (X) | 0.46 | 1.51 | 1.22 |
| Dividend yield (%) | - | 3.60 | 3.80 |
| 31/03/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 126.80 | 236.70 | 745.35 |
| Price (B/Share) | 0.30 | 0.56 | 1.94 |
| P/E (X) | - | - | - |
| P/BV (X) | 0.46 | 0.50 | 0.81 |