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FSMART (5.85) Reported 68% Revenue Growth in 6 Months of 2025, Profit Surges 58.14% to 335.48% YoY, Announces Expansion with GINKA Charge Point & Other Growth Strategies. While reinstating the dividend Mr. Porsak Serirat, CEO of FSMART, reported that in the first half of 2025, the company saw a 58.14% increase in profit, with revenue reaching 308.09 million baht, up from 15.54 million baht during the same period last year. The growth was driven by increased service usage, the launch of new charge points, and more. The company’s GINKA Charge Point network grew by 16.2%, contributing 101.92 million baht in revenue.

Overall, the total revenue in H1 2025 is approximately 1,367.55 million baht, a 335.48% YoY increase. The company expanded its network and services, with 428 new GINKA Charge Points installed across various regions, making up 26.71% of the total network. The expansion has helped provide better access to electric vehicle charging stations. With these efforts, FSMART aims to further boost its growth trajectory for the remainder of 2025. In addition to electric vehicle infrastructure, FSMART has launched several initiatives aimed at increasing operational efficiency and enhancing customer service. The company is focused on expanding its digital offerings and continuing to develop its physical networks. Overall, the company’s performance remains strong, and it is confident in its continued growth and expansion in the coming months. Interim dividend just announced is 0.18 Baht XD date is August 27, payment date is September 9.

Paul Renaud
www.thaistocks.com