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“SICT Brings on Double Growth with New Products and M&A Deal”


SICT or Silicon Kraft Technology Public Company Limited, according to analyst news sources. The company closes the M&A deal, hoping to extend the business to double growth over the period of 3-5 years (income in 2022 at around 600 million baht) after showing strong performance in Q1/23, growing almost 100% at 59.5 million baht.

“Choose 3 new products

Ready to go Animal ID”

SICT executives set a 2023 revenue target of 10-15% growth and GPM higher than 47%, driven by the Animal ID group that tends to accelerate. and is expanding into new markets South Africa, China and the United States, and plans to launch three new products including Wafer Cassette tracking chip to capture the Wafer Fabrication market where new investments are emerging and two more products in the second half of this year.

“Broken up profits in 2013-2014

Increase 7%-12%”

The research department is confident that the company will be able to launch new products and continue to take advantage of BOI privileges. Therefore, the profit forecast has been raised for this year and 2024 by 7%/12% respectively from net profit in 2022 at 135 million baht, ready to suggest ” Buy” target 11 baht.

2023-05-16 15:00:50
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