AIT Reports Strong Q1/2025 Performance with Revenue of 1.74 Billion Baht, Net Profit Reaches 143 Million Baht, Aiming for 6.8 Billion Baht in Annual Revenue
Advanced Information Technology Public Company Limited (AIT) has reported its Q1/2025 financial results, achieving revenue of 1.74 billion baht and a net profit of 143 million baht. The company is on track with its strategic plan to reach an annual revenue target of 6.8 billion baht, while maintaining a strong backlog of 5.7 billion baht.
Ms. Sasinetr Phaholyothin, Acting Chairperson and Chief Executive Officer of AIT, a leader in comprehensive information and communication technology contracting, stated that for Q1/2025 (January – March), the company generated revenue of 1.74 billion baht, reflecting a 3.3% increase compared to 1.68 billion baht in the same period last year. The revenue breakdown includes 93.8% from project sales, 4.2% from rental income on leased equipment, and 2.0% from other sources. The net profit of 143 million baht represents a 7.5% increase from 133 million baht in the previous year, indicating growth in line with the company's revenue.
As of May 7, 2025, the company has a backlog valued at 5.7 billion baht, with 31.9% from government agencies, 25.3% from state enterprises, 14.0% from financial services, 14.4% from information technology and telecommunications service providers, and 14.4% from the private sector. Additionally, there are 70 million baht worth of projects waiting for customer orders (Waiting for P/O), along with ongoing bids and projects preparing to bid, totaling approximately 9.7 billion baht.
With its ability to maintain high levels of sales and profit in Q1/2025, Advanced Information Technology Public Company Limited (AIT) remains committed to expanding its business through continuous bidding. This is expected to strengthen revenue in the long term, as the company is well-prepared to handle large-scale projects due to its expertise in comprehensive information and communication technology contracting. Furthermore, AIT is implementing strategies for sustainable business management through effective backlog management and expanding into new industry markets to achieve its revenue target of 6.8 billion baht this year.