Reported Earnings • May 19
First quarter 2026 earnings released: EPS: ฿0.14 (vs ฿0.13 in 1Q 2025) First quarter 2026 results: EPS: ฿0.14 (up from ฿0.13 in 1Q 2025). Revenue: ฿521.3m (down 38% from 1Q 2025). Net income: ฿57.9m (up 13% from 1Q 2025). Profit margin: 11% (up from 6.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 28
Upcoming dividend of ฿0.20 per share Eligible shareholders must have bought the stock before 05 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (4.2%). New Risk • Mar 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.14b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.14b market cap, or US$99.5m). Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: ฿0.43 (vs ฿0.53 in FY 2024) Full year 2025 results: EPS: ฿0.43 (down from ฿0.53 in FY 2024). Revenue: ฿2.32b (down 4.5% from FY 2024). Net income: ฿171.8m (down 19% from FY 2024). Profit margin: 7.4% (down from 8.8% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year whereas the company’s share price has fallen by 29% per year. Declared Dividend • Mar 01
Dividend of ฿0.20 announced Dividend of ฿0.20 is the same as last year. Ex-date: 5th May 2026 Payment date: 20th May 2026 Dividend yield will be 2.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 26% to shift the payout ratio to a potentially unsustainable range, which is more than the 18% EPS decline seen over the last 5 years. Aankondiging • Feb 27
Turnkey Communication Services Public Company Limited announces Annual dividend, payable on May 20, 2026 Turnkey Communication Services Public Company Limited announced Annual dividend of THB 0.2000 per share payable on May 20, 2026, ex-date on May 05, 2026 and record date on May 06, 2026. Aankondiging • Feb 26
Turnkey Communication Services Public Company Limited, Annual General Meeting, Apr 24, 2026 Turnkey Communication Services Public Company Limited, Annual General Meeting, Apr 24, 2026, at 14:00 SE Asia Standard Time. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ฿0.14 (vs ฿0.13 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.14 (up from ฿0.13 in 3Q 2024). Revenue: ฿560.7m (up 25% from 3Q 2024). Net income: ฿56.7m (up 6.8% from 3Q 2024). Profit margin: 10% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year and the company’s share price has also fallen by 25% per year. Buy Or Sell Opportunity • Oct 11
Now 20% overvalued Over the last 90 days, the stock has fallen 6.2% to ฿9.15. The fair value is estimated to be ฿7.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 16%. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.21 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.05 (down from ฿0.21 in 2Q 2024). Revenue: ฿404.0m (down 23% from 2Q 2024). Net income: ฿20.1m (down 76% from 2Q 2024). Profit margin: 5.0% (down from 16% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ฿8.85, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 14x in the Construction industry in Thailand. Total loss to shareholders of 58% over the past three years. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: ฿0.13 (vs ฿0.21 in 1Q 2024) First quarter 2025 results: EPS: ฿0.13 (down from ฿0.21 in 1Q 2024). Revenue: ฿838.4m (up 4.4% from 1Q 2024). Net income: ฿51.4m (down 40% from 1Q 2024). Profit margin: 6.1% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Aankondiging • Apr 25
Turnkey Communication Services Public Company Limited Approves Annual Dividend for the Year 2024 Turnkey Communication Services Public Company Limited at its meeting held on April 24, 2025 approved the dividend payment at the rate of THB 0.20 per share for the 2024 totaling THB 80,000,000.00. Upcoming Dividend • Apr 25
Upcoming dividend of ฿0.20 per share Eligible shareholders must have bought the stock before 02 May 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Thai dividend payers (7.9%). Lower than average of industry peers (2.9%). New Risk • Mar 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.36b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.1% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.36b market cap, or US$99.3m). Reported Earnings • Feb 25
Full year 2024 earnings released: EPS: ฿0.53 (vs ฿0.80 in FY 2023) Full year 2024 results: EPS: ฿0.53 (down from ฿0.80 in FY 2023). Revenue: ฿2.43b (down 37% from FY 2023). Net income: ฿212.8m (down 15% from FY 2023). Profit margin: 8.8% (up from 6.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ฿9.00, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 11x in the Construction industry in Thailand. Total loss to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ฿13.00, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 13x in the Construction industry in Thailand. Total loss to shareholders of 16% over the past year. New Risk • Jan 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ฿14.30, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 16x in the Construction industry in Thailand. Total loss to shareholders of 45% over the past year. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ฿10.70, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Construction industry in Thailand. Total loss to shareholders of 59% over the past year. Aankondiging • Aug 16
Sky ICT Public Company Limited (SET:SKY) and Turnkey Communication Services Public Company Limited (SET:TKC) signed the share purchase agreement to acquire 70% stake in One To One Professional Co., Ltd. from Peer For You Public Company Limited (SET:PEER) for approximately THB160 million. Sky ICT Public Company Limited (SET:SKY) and Turnkey Communication Services Public Company Limited (SET:TKC) signed the share purchase agreement to acquire 70% stake in One To One Professional Co., Ltd. from Peer For You Public Company Limited (SET:PEER) for approximately THB160 million on August 13, 2024. SKY ICT Public Company Limited will acquire 45% stake and Turnkey Communication Services Public Company Limited will acquire 25% stake in One To One Professional Co. Peer For You Public Company Limited's Board of Directors Meeting approved the sale of 5.6 million ordinary shares equivalent to 70% of the total shares in One to One Professional Company, at the price is THB 28.45 per share. The purchase prices to be paid by SKY are: (i) THB 90 million; and (ii) Cash equivalent to 45% of net working capital of One To One Professional Co., as of June 30, 2024, which is equivalent to THB 12,407,150.82; and the purchase prices to be paid by TKC are: (i) THB 50 million; and (ii) Cash equivalent to 25% of net working capital of OTP as of June 30, 2024, which equivalent to THB 6,892,861.57. The funds received from the sale of OTP shares will be used to support expansion of investment in new businesses. and continue to use it as the Company's working capital. The transaction is expected to be completed by August 30, 2024. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ฿0.21 (vs ฿0.25 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.21. Revenue: ฿524.5m (down 61% from 2Q 2023). Net income: ฿82.8m (up 9.8% from 2Q 2023). Profit margin: 16% (up from 5.6% in 2Q 2023). The increase in margin was driven by lower expenses. New Risk • Jul 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.50b (US$96.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 6.9% per year over the past 5 years. High level of non-cash earnings (34% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (33% increase in shares outstanding). Market cap is less than US$100m (฿3.50b market cap, or US$96.7m). Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ฿9.65, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 18x in the Construction industry in Thailand. Total loss to shareholders of 59% over the past year. Reported Earnings • May 15
First quarter 2024 earnings released: EPS: ฿0.21 (vs ฿0.18 in 1Q 2023) First quarter 2024 results: EPS: ฿0.21 (up from ฿0.18 in 1Q 2023). Revenue: ฿802.7m (down 12% from 1Q 2023). Net income: ฿85.4m (up 59% from 1Q 2023). Profit margin: 11% (up from 5.9% in 1Q 2023). The increase in margin was driven by lower expenses. Upcoming Dividend • Apr 20
Upcoming dividend of ฿0.15 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (1.8%). Declared Dividend • Feb 29
Dividend of ฿0.15 announced Shareholders will receive a dividend of ฿0.15. Ex-date: 26th April 2024 Payment date: 15th May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 63% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 53% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years. New Risk • Feb 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.5% Last year net profit margin: 9.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.5% per year over the past 5 years. High level of non-cash earnings (52% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (6.5% net profit margin). Shareholders have been diluted in the past year (33% increase in shares outstanding). Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: ฿0.80 (vs ฿0.82 in FY 2022) Full year 2023 results: EPS: ฿0.80. Revenue: ฿3.86b (up 57% from FY 2022). Net income: ฿251.3m (up 3.3% from FY 2022). Profit margin: 6.5% (down from 9.9% in FY 2022). The decrease in margin was driven by higher expenses. Aankondiging • Feb 28
Turnkey Communication Services Public Company Limited Proposes Dividend for the Year Ended December 31, 2023, Payable on 15 May 2024 Turnkey Communication Services Public Company Limited at its board meeting held on 23 February 2024, approved to propose at its Annual General Meeting of Shareholders to be held on 19 April 2024, the payment of the dividend for the operating results for the year ended December 31, 2023 to shareholders at the rate of THB 0.15 per share from the total number of 400,000,000 shares, including total dividends paid THB 60,000,000.00. In this regard, 29 April 2024 is scheduled as the date to record the names of the shareholders who are entitled to dividend payment, however, the right to receive such dividends is still uncertain until it is approved by the 2024 Annual General Meeting of Shareholders and the Company shall pay such dividends on 15 May 2024. Ex-dividend date is 26 April 2024. Aankondiging • Feb 27
Turnkey Communication Services Public Company Limited, Annual General Meeting, Apr 19, 2024 Turnkey Communication Services Public Company Limited, Annual General Meeting, Apr 19, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider and certify the Minutes of the 2023 Extraordinary General Meeting of Shareholders, which was held on 9 October 2023; to consider and acknowledge the 2023 operation results of the Company; to consider and approve the Company's financial statements for year 2023, ended 31 December 2023; and to transact such other business matters. Aankondiging • Dec 16
Turnkey Communication Services Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 2.014956 billion. Turnkey Communication Services Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 2.014956 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 8,296,000
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 7,372,800
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 4,316,640
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 5,440,000
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 4,624,000
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 6,092,800
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 6,256,000
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 18,000,000
Price\Range: THB 25
Security Name: Shares
Security Type: Common Stock
Securities Offered: 10,200,000
Price\Range: THB 25
Transaction Features: Subsequent Direct Listing New Risk • Dec 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 5.5% per year over the past 5 years. High level of non-cash earnings (72% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (21% increase in shares outstanding). Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ฿12.50, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 16x in the Construction industry in Thailand. Total loss to shareholders of 38% over the past year. Reported Earnings • Nov 13
Third quarter 2023 earnings released: EPS: ฿0.25 (vs ฿0.14 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.25 (up from ฿0.14 in 3Q 2022). Revenue: ฿939.9m (up 73% from 3Q 2022). Net income: ฿73.7m (up 75% from 3Q 2022). Profit margin: 7.8% (up from 7.7% in 3Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ฿18.50, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 25x in the Construction industry in Thailand. Total loss to shareholders of 12% over the past year. New Risk • Oct 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.0% per year over the past 5 years. High level of non-cash earnings (67% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: ฿0.25 (vs ฿0.25 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.25 (up from ฿0.25 in 2Q 2022). Revenue: ฿1.34b (up 120% from 2Q 2022). Net income: ฿75.4m (up 4.6% from 2Q 2022). Profit margin: 5.6% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • May 19
First quarter 2023 earnings released: EPS: ฿0.18 (vs ฿0.17 in 1Q 2022) First quarter 2023 results: EPS: ฿0.18 (up from ฿0.17 in 1Q 2022). Revenue: ฿912.2m (up 43% from 1Q 2022). Net income: ฿53.6m (up 12% from 1Q 2022). Profit margin: 5.9% (down from 7.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Upcoming Dividend • Apr 20
Upcoming dividend of ฿0.40 per share at 3.6% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ฿26.50, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 31x in the Construction industry in Thailand. Total returns to shareholders of 4.3% over the past year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Khemchart Nantasaguanthai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ฿18.60, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 30x in the Construction industry in Thailand. Upcoming Dividend • Aug 17
Upcoming dividend of ฿0.20 per share Eligible shareholders must have bought the stock before 24 August 2022. Payment date: 09 September 2022. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (5.4%). In line with average of industry peers (1.9%). Reported Earnings • Aug 16
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: ฿611.5m (down 22% from 2Q 2021). Net income: ฿72.1m (down 1.6% from 2Q 2021). Profit margin: 12% (up from 9.3% in 2Q 2021). The increase in margin was driven by lower expenses. Reported Earnings • May 17
First quarter 2022 earnings released: EPS: ฿0.17 (vs ฿0.37 in 1Q 2021) First quarter 2022 results: EPS: ฿0.17 (down from ฿0.37 in 1Q 2021). Revenue: ฿639.0m (down 19% from 1Q 2021). Net income: ฿47.8m (down 35% from 1Q 2021). Profit margin: 7.5% (down from 9.3% in 1Q 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ฿22.30, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 32x in the Construction industry in Thailand. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.95 (down from ฿1.16 in FY 2020). Revenue: ฿2.19b (down 24% from FY 2020). Net income: ฿200.9m (down 14% from FY 2020). Profit margin: 9.2% (up from 8.1% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Aankondiging • Jan 16
Turnkey Communication Services Public Company Limited has completed an IPO in the amount of THB 1.404 billion. Turnkey Communication Services Public Company Limited has completed an IPO in the amount of THB 1.404 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 78,000,000
Price\Range: THB 18 
