The Company provides Non-Destructive Testing (NDT), Destructive Testing, Mechanical and Metallurgical Testing, Inspection and Certification services, and engineering safety consultant service.
| 3M25 | 3M24 | 2024 | 2023 |
|---|
| Revenues | 88.50 | 100.80 | 426.33 | 430.61 |
| Expenses | 89.89 | 100.42 | 434.44 | 572.98 |
| Net Profit (Loss) | -1.97 | -1.36 | -10.28 | -141.34 |
| Assets | 360.40 | 379.01 | 366.42 | 391.72 |
| Liabilities | 79.32 | 84.68 | 83.38 | 96.02 |
| Shareholders' Equity | 281.07 | 294.52 | 283.04 | 295.88 |
| Operating | 3.29 | 23.00 | 49.38 | 14.96 |
| Investing | -1.26 | -3.80 | -6.82 | -14.68 |
| Financing | -1.50 | -15.63 | -20.46 | -3.47 |
| EPS (Baht) | -0.02 | -0.01 | -0.10 | -1.43 |
| GP Margin (%) | 29.47 | 28.02 | 28.34 | 25.88 |
| NP Margin (%) | -2.22 | -1.35 | -2.41 | -32.78 |
| D/E Ratio (x) | 0.28 | 0.29 | 0.29 | 0.32 |
| ROE (%) | -3.78 | -38.23 | -3.55 | -38.53 |
| ROA (%) | -2.67 | -31.36 | -2.14 | -31.10 |
Qualitech Public Company Limited is committed to achieving sustainable growth by implementing organizational adjustments in various areas to enhance operational agility, maintain competitive and financial stability, and develop a well-rounded organization that excels in inspection and certification services. The company ensures the delivery of high-quality engineering services using cutting-edge technology that fully meets customer needs, while continuously exploring new business opportunities to further expand its business.
The Company strives to achieve business sustainability by leveraging ESG framework to create sustainable growth, Top priorities are also given to compliance with laws, work standards, good corporate governance principles, and anti-corruption practices to create confidence among all involved parties in line with the intention prescribed in The company's Vision, Mission, and Values.
The company has established a Sustainability Committee, and in year 2024, the company achieved a BBB rating in the Sustainable Stock Assessment. Moving forward, the company is committed to elevating and advancing its ESG projects to achieve higher standards in the coming year.
In the three-month financial results of 2025, the Company has managed its personnel to be able to perform more diverse tasks to meet current customer needs. This has also resulted in a positive trend in the company's cost of sales and services.
Qualitech Public Company Limited recorded a net loss attributable to the owners of the parent company of THB 1.97 million, compared to a net loss of THB 1.36 million for the same period in 2024. This represents an increase in net loss of THB 0.60 million, or 44.35%, as detailed below:
- Revenue from sales and services for the three-month period of 2025, reported amount THB 88.42 million, a decrease of THB 11.84 million or 11.81% compared to the same period of the previous year. This was due to a decline in revenue from inspection and certification service, other service income, and product sales of the Company and its subsidiaries.
- The cost of sales and services was THB 62.37 million, a decrease of THB 9.80 million or 13.58% compared to the same period of the previous year. This decrease was mainly due to the Company’s improved personnel management, enabling staff to work more flexibly, which resulted in lower expenses related to outsourced labor.
- Selling expenses amounted to THB 2.77 million, a decrease of Baht 0.30 million or 9.73% compared to the same period of the previous year, due to a reduction in the number of sales and marketing staff in the subsidiaries, leading to lower employee-related expenses.
- Administrative expenses were THB 24.75 million, a decrease of Baht 0.43 million or 1.72% compared to the same period of the previous year. This was mainly due to the Company’s organizational restructuring, resulting in lower executive compensation, fees, and consultancy expenses.
- Finance costs amounted to Baht 0.52 million, an increase of Baht 0.10 million or 24.44% compared to the same period of the previous year. This increase was primarily due to additional vehicle leases by the Company and its subsidiaries for operational and customer service purposes since March 2024.
1991 The Company was established on 11 February 1991.
2550 Registered as a public Company under the name of Qualitech Public Company Limited.
2009 The Company's common stocks were listed on the Market for Alternative Investment (mai).
2016 Set Up a branch office in Si Racha District, Chonburi Province to support The Company services.
2024 Achieved a BBB rating in the Sustainable Stock Assessment (SET ESG Ratings). In addition, the company received the 2024 Business Partner Recognition Award from Chevron, reflecting its excellence in Operational Excellence.
- Cultivating a Risk Management culture throughout the organization.
- Establishing efficient processes, guidelines and criteria for effective Risk Management.
- Analyzing and evaluating organizational risks.
- Mandating all units to report abnormal incidents (Incident Report).
- Developing Key Risk Indicators (KRI) as essential Risk Management metrics.
- Identifying potential events and risk levels as triggers or Early Warning Sign for Crisis and Emergency Risk.
- Formulating operational guidelines as a reference for best practices.
- Implementing checks and controls for monitoring Risk Management operations within the company.
| as of 31/03/25 | QLT | SERVICE | mai |
|---|---|---|---|
| P/E (X) | - | 54.71 | 37.47 |
| P/BV (X) | 1.07 | 1.51 | 1.22 |
| Dividend yield (%) | - | 3.60 | 3.80 |
| 31/03/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 301.62 | 236.56 | 283.88 |
| Price (B/Share) | 3.06 | 2.40 | 2.88 |
| P/E (X) | - | - | - |
| P/BV (X) | 1.07 | 0.82 | 0.94 |
