Home » Business » Mitistock-SMT’s New Products Drive Revenue Growth and Breaks Records in 2024

Mitistock-SMT’s New Products Drive Revenue Growth and Breaks Records in 2024

Mitistock-SMT or Stars Public Company Limited Microelectronics (Thailand) by Mr. Wirat Phutthai, Chief Executive Officer, revealed that the sales trend for Q3/66 has a good direction. from seasonal factors And the launch of new products is the EV Charger Controller and the Audio Backplate group.

Launch of new product groupsEV Charger

As for revenue this year, it is expected to be 3.3 billion baht and in 2024 it is expected to grow significantly, reaching 4-5 billion baht, as a result of the launch of the said new products, while Optics, fiber communication equipment. led light which has a high margin It continued to grow until the end of the year, causing the gross profit margin to increase. From the proportion of sales of products with high margins, the proportion has increased.

Budget ready to break statistics

Securities analysts said that SMT’s 2023 operating results will recover strongly, hoping to reach 400 million baht, making a new high, as a result of its competitiveness being better than the average in the same industry. and can develop products in line with customer needs

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2023-10-03 15:05:15
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