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.
| 3M26 | 3M25 | 2025 | 2024 |
|---|
| Revenues | 419.14 | 387.08 | 1,469.64 | 1,568.13 |
| Expenses | 328.60 | 315.88 | 1,206.06 | 1,277.08 |
| Net Profit (Loss) | 151.61 | 75.49 | 277.27 | -55.67 |
| Assets | 4,473.63 | 4,518.13 | 4,384.43 | 4,445.14 |
| Liabilities | 955.43 | 1,052.25 | 933.80 | 1,057.72 |
| Shareholders' Equity | 3,465.28 | 3,418.17 | 3,404.43 | 3,344.61 |
| Operating | 88.10 | 30.77 | 311.96 | 386.11 |
| Investing | -80.08 | -32.38 | 116.07 | 103.15 |
| Financing | -21.04 | -21.64 | -460.68 | -462.23 |
| EPS (Baht) | 0.31 | 0.15 | 0.56 | -0.11 |
| GP Margin (%) | 38.92 | 35.24 | 34.73 | 35.36 |
| NP Margin (%) | 37.90 | 21.68 | 20.09 | -2.70 |
| D/E Ratio (x) | 0.27 | 0.30 | 0.27 | 0.31 |
| ROE (%) | 10.27 | -1.85 | 8.22 | -1.53 |
| ROA (%) | 9.48 | 0.23 | 7.94 | 0.48 |
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 first quarter ended March 31, 2026. The Company generated revenue of THB 414.1 million, an increase of THB 34.2 million or 9.0% compared to the same period last year. The increase in revenue was mainly due to revenue growth 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 38.9%, a slight increase from 35.2% in the same period last year. The increase was primarily driven by the growth of special projects in the printing business segment, as the Security Solution group yields a relatively high gross margin. Nevertheless, the Company continues to manage production costs efficiently and focuses on expanding high-potential growth business segments (Growth Business), such as platform technology, which is a business group with high gross margins. Additionally, The Company recognized a share of profit from investments in associates of THB 85.3 million, an increase of THB 56.3 million or 194.0% compared to the same period last year.
The Company reported a net profit from operations of THB 73.5 million, an increase of THB 20.8 million or 39.4% from the same period last year. This was primarily driven by the increase in revenue from sales and services, as well as the improved gross profit margin as mentioned above.
As of March 31, 2026, the Company's total assets amounted to THB 4,473.6 million, an increase of THB 89.2 million or 2.0% from December 31, 2025, primarily due to the recognition of net profit (loss) during the period. Nevertheless, the Company’s financial position remains strong, with a debt-to-equity ratio of 0.27x.
The Company generates income from its equity investments in other companies. As a result, the Company’s performance is dependent on the operating results and dividend payments of the invested companies. Accordingly, there is a possibility that returns from such investments may not meet expectations.
The Company responds to such risk by sending executive directors to be appointed as directors of those companies to supervise the management policies of those invested companies in accordance with the policies governing subsidiaries, associates and also diversifies its investment to companies with consistently growing operating profits and consistent dividend payments.
- 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
- Awarded the ESG DNA Project certificate in 2025, organized by the Stock Exchange of Thailand (SET).
- Selected by the Stock Exchange of Thailand (SET) as a sustainable stock an AA rating for the in 2025.
- Thai Chamber of Commerce Business Ethics Award of Merit: Big Quick Win 2025
- Green Star Award at the 2025 Environmental Governance Flag Award Ceremony, recognizing excellence in environmental management standards.
| as of 31/03/26 | TKS | MEDIA | SET |
|---|---|---|---|
| P/E (X) | 10.77 | - | 16.56 |
| P/BV (X) | 0.88 | 0.79 | 1.36 |
| Dividend yield (%) | 7.48 | 3.21 | 4.41 |
| 31/03/26 | 30/12/25 | 30/12/24 | |
|---|---|---|---|
| Market Cap (MB) | 3,152.38 | 3,279.49 | 3,025.27 |
| Price (B/Share) | 6.20 | 6.45 | 5.95 |
| P/E (X) | 10.77 | 31.37 | 36.53 |
| P/BV (X) | 0.88 | 0.94 | 0.86 |
