ROCTEC Posts Nearly 40% Profit Growth in FY2568/69 Driven by ICT and Smart City Solutions

ROCTEC Global (ROCTEC) announced its fiscal year 2568/69 operating results on May 25, 2569, with Chief Executive Officer Veera Semelam reporting operating revenue increased 10.8% year-on-year to 3,428 million baht, while net profit jumped 39.8% to 476 million baht, representing a net profit margin of 13.9%. The strong performance was driven by increased project activities, disciplined cost management, and improved operational efficiency.

The ICT Solutions business remains the company's primary revenue driver, generating 2,917 million baht or 85% of total operating revenue, supported by strong demand for Digital Display Solutions following large orders from strategic domestic partners and ongoing project execution. The Transportation Solutions business continues to make progress, particularly with the State Railway of Thailand (SRT) telecommunications network project, Bangkok Mass Transit Authority (BMTA) maintenance contracts, and the M6/M81 network system project.

The Integrated Technology Solutions segment benefits from ICT projects from both public and private sector clients, aligning with national priorities in smart city development and digital transformation initiatives. The Advertising business continues on a positive trajectory, generating 511 million baht in revenue, up 16.2% year-on-year, driven by strong performance in street furniture media and increased revenue allocation, with steady cost structures supporting the business's consistent contribution to overall company performance.

On profitability, ROCTEC achieved gross profit of 957 million baht, up 9.0% year-on-year, while maintaining a gross profit margin of 27.9% despite minor margin pressure from accelerated Digital Display Solutions project execution. The company maintains strong margin quality and disciplined cost control across its overall business portfolio.

"Fiscal year 2568/69 represents another significant year for ROCTEC, demonstrating our ability to expand project operations while maintaining cost discipline, with ICT Solutions continuing as the primary growth driver," CEO Veera Semelam stated. Key support comes from rising demand for Digital Display Solutions, progress on transportation infrastructure projects, and growing opportunities in Smart City solutions and security systems. The company remains focused on quality-driven growth, improving revenue visibility, and creating long-term shareholder value.

Semelam noted that throughout the past year, ROCTEC has strengthened several strategic elements, including securing the State Railway of Thailand's national telecommunications network construction contract valued at nearly 1.5 billion baht in partnership with affiliated companies.