Sky Group has showcased its performance for the first nine months of 2023, achieving a revenue of 2,842 million baht, a growth of 46%, and a net profit of 333 million baht, soaring by 165% due to the increase in tourist numbers, which has continuously boosted revenue from airport-related projects. It is anticipated that in the final quarter, foreign tourists will flood into the country for the high travel season, propelling the growth of Aviation Tech and Airport Services even further. The company is ready to invest in potential businesses to strengthen its operations continuously.

Mr. Sitthidet Mailap, CEO of Sky ICT Public Company Limited, or Sky Group (SKY Group), revealed that in the third quarter of 2023 (July-September), the company generated total revenue of 1,080 million baht and a net profit of 130 million baht, marking increases of 59% and 465%, respectively, compared to the same period last year (YoY).

As a result, the performance for the first nine months of 2023 (January-September) shows total revenue of 2,842 million baht, a growth of approximately 46% from the same period last year, with a net profit of over 333 million baht, representing a remarkable growth of 165% compared to the previous year.

Sky Group has successfully driven its business to achieve significant growth in both revenue and net profit during the first nine months, thanks to the increasing number of international tourists traveling in and out of Thailand, which continues to expand annually. This has allowed revenue from airport-related projects, the company's main income source, to grow well, along with the successful delivery of government projects and investments in subsidiaries and other potential companies, which continuously generate income for the company.

As of the end of the third quarter of 2023, the company has a backlog of approximately 22,100 million baht.

Mr. Sitthidet further stated that for the company's operational situation in the final quarter of 2023, which is the high season when many international tourists will flock to Thailand, it will help drive the company's projects related to Aviation Tech and Airport Services, such as the Common Use Passenger Processing System (CUPPS) and Advanced Passenger Processing System (APPS), which recognize revenue based on the number of incoming, outgoing, transit, and connecting passengers. There will certainly be opportunities for increased revenue compared to the previous year.

Additionally, Sky Group continues to seek new investment opportunities in potential businesses and is ready to expand its operations to enhance the company's stability. Recently, the company launched a subsidiary named Metthier Co., Ltd. to provide comprehensive Smart Facility Management services targeting the private sector, which will further strengthen Sky Group in the future.