The company's primary business is holding shares in other companies (Holding Company), including businesses providing advanced technology printing services and warehouse management, digital platform services, distribution of computer technology products, software and information systems, and investments in other businesses.
| 2025 | 2024 | 2023 | 2022 |
|---|
| Revenues | 1,469.64 | 1,568.13 | 1,542.91 | 1,677.49 |
| Expenses | 1,206.06 | 1,277.08 | 1,343.85 | 1,397.74 |
| Net Profit (Loss) | 277.27 | -55.67 | 285.52 | 670.34 |
| Assets | 4,384.43 | 4,445.14 | 5,096.13 | 5,794.04 |
| Liabilities | 933.80 | 1,057.72 | 1,136.26 | 1,328.94 |
| Shareholders' Equity | 3,404.43 | 3,344.61 | 3,933.52 | 4,444.82 |
| Operating | 311.96 | 386.11 | 134.98 | 400.33 |
| Investing | 116.07 | 103.15 | 57.49 | 56.02 |
| Financing | -460.68 | -462.23 | -251.74 | -356.70 |
| EPS (Baht) | 0.56 | -0.11 | 0.56 | 1.32 |
| GP Margin (%) | 34.73 | 35.36 | 29.60 | 30.35 |
| NP Margin (%) | 20.09 | -2.70 | 18.90 | 40.30 |
| D/E Ratio (x) | 0.27 | 0.31 | 0.29 | 0.30 |
| ROE (%) | 8.22 | -1.53 | 6.82 | 14.01 |
| ROA (%) | 7.94 | 0.48 | 6.24 | 11.48 |
Overview Business Strategy - Tech Ecosystem Builder
The Company has continuously focused on adapting its businesses to keep up with digital disruption by developing the innovation of information technology and has internally restructured its group of companies to create a synergy both in terms of market and product development and in terms of reducing production capital to increase its overall competitiveness to maintain its existing business base alongside finding new business partners. Currently, the Company has invested in 4 major businesses as below: -
1. Image & Security Fulfillment
2. Platform Solution
3. IT & Digital Ecosystem
4. Investment
Management of impacts on stakeholders in the business value chain
The Company has made an analysis of stakeholder’s expectation in the business value chain e.g. shareholder, customer, employee, society community and environment and vendor and response to those expectations through stakeholder engagement channel e.g. annual general meeting of shareholders, customer satisfaction survey, arranging activities with community.
Environmental sustainability management
The Company intends to operate in accordance with the environmental practice policy and operational guidelines announced for all employees and stakeholders to follow. The measurement shall be included management of power, water, waste and pollution, Greenhouse Gas reduction, air pollution etc.
Social sustainability management
The Company emphasizes treating each other equally and does not discriminate against all stakeholders. The Company has continually assisted the local recruitment of the project.
The Company had revenue for the year-ended December 31, 2025. The Company generated revenue of THB 1,405.8 million, a decrease of THB 109.4 million or 7.2% compared to the same period last year. The decrease in revenue was mainly due to lower revenue from special projects in the printing business segment and the packaging and labeling segment, while the platform technology business segment continued to grow. However, the Company maintained a gross margin of 34.7%, a slight decrease from 35.4% in the same period last year. The decrease was mainly due to drop in PassBook sales, as the PassBook segment has a relatively high gross margin. Nevertheless, the Company continues to manage production costs efficiently and focuses on expanding high-growth business segments (Growth Business), such as platform technology, which is a segment with high gross margins. The Company also recognized a share of profit from investments in associates of THB 221.3 million, an increase of THB 116.4 million or 111% to the same period last year, and the loss from investment in PTECH decreased by THB 238.8 million. As a result, the Company recorded profit for the period of THB 277.3 million, an increase of THB 333 million or 597.8% to the same period last year.
The Company reported a net profit from operations of THB 162.0 million, a decrease of THB 30.5 million or 15.8% from the same period last year. This was due to a decrease in gross margin from sales and service revenue as mentioned above.
As of December 31, 2025, the Company's total assets amounted to THB 4,384.4 million, a decrease of THB 60.7 million or 1.4% from December 31, 2024, mainly due to the recognition of net profit (loss) during the period. However, the financial position of the Company remains strong, with a debt-to-equity ratio of 0.27x.
- Achieved global standard certification for personal data management (ISO/IEC 27701:2019) in the year 2025.
- Achieved Green Label certification for 6 printing and writing paper products in the year 2025.
- Awarded a 5-star "Excellent" CG Scoring for four consecutive years (2022-2025), consistently ranking in the Top Quartile Companies among peers by Market Capitalization in 2025 for the fourth consecutive year (2022-2025). Furthermore, the company received a 4-coin rating (90-99 points), classified as "Excellent," for the year 2025 from the Annual General Meeting (AGM) Checklist Assessment by SET.
- Awarded the ESG DNA Project certificate Y2025 by SET.
- Selected by the Stock Exchange of Thailand (SET) as a sustainable stock or SET ESG Ratings for the year 2024 at A rating (Previously known as THSI Sustainable Stocks) and received an AA rating for the first time in 2025.
- CAC Certified has been renewed for membership of the Thai Private Sector Collective Action against Corruption from IOD.
- ISB Leader Award 2024, a project to develop social achievement criteria for sustainable development of IEAT.
- Green Industry Award and Trophy of Eco Factory Excellence Award for the third consecutive time from FTI for Y2024.
- Thai Chamber of Commerce Business Ethics Award of Merit: Big Quick Win 2025.
| as of 30/12/25 | TKS | MEDIA | SET |
|---|---|---|---|
| P/E (X) | 31.37 | - | 15.44 |
| P/BV (X) | 0.94 | 0.76 | 1.19 |
| Dividend yield (%) | 7.09 | 2.57 | 3.71 |
| 30/12/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 3,279.49 | 3,025.27 | 3,457.45 |
| Price (B/Share) | 6.45 | 5.95 | 6.80 |
| P/E (X) | 31.37 | 36.53 | 11.91 |
| P/BV (X) | 0.94 | 0.86 | 0.84 |
