Samart aims to boost revenue by up to 40% to Bt20 bn on digital hopes
THE SAMART CORP group has set a revenue target of Bt20 billion for this year, which would represent growth of between 30 and 40 per cent from the revenue expected for last year, company president Watchai Vilailuck said yesterday.
Samart and its core subsidiaries have yet to report their 2018 financial performance.
Watchai believes that the incoming government would continue to promote the digital economy.
During the last two years, the group has adjusted its business operations, to be in line with progress of the economy and the changing behaviours of consumers.
The group’s digital solution provider, Samart Digital, formerly known as Samart I-Mobile, has targeted a total revenue of around Bt4 billion this year.
Its business activities include the provision of digital content and digital network communications system, such as digital-trunked radio system.
Meanwhile, Samart group’s information and communications technology solution business, led by Samart Telcoms, is looking to a total revenue of around Bt10 billion this year.
The utilities and transportation business of the group expects Bt4.4 billion in total revenue this year. The Samart arm aims to list Cambodia Air Traffic Services Co Ltd (CATS) on the Stock Exchange of Thailand, pending the right conditions.
Call centre services
Another Samart unit, One To One Contacts (OTO), a provider of call centre services, has set a revenue target of around Bt1 billion.
The company has mainly focused on providing the service to state agencies.
In the first nine months of last year, Samart Corporation Plc recorded a consolidated revenue of Bt8.59 billion with a net loss of Bt243.15 million, according to the company’s report to the stock exchange.
