Filter Vision Public Company Limited

Filter Vision Public Company Limited, or FVC, has announced a strategic adjustment across its four core business groups to accelerate revenue recognition in the second half of 2026, after its second-quarter 2026 results showed a clear recovery. Sales and service revenue came in at 111.42 million baht, up 10.15% from the same period a year earlier, with net profit from continuing operations of 4.41 million baht, a rise of 1,675%, while gross profit margin increased to 34.10%. For the first six months of 2026, total sales and service revenue reached 468.36 million baht, up 122.21% from the same period a year earlier. The highlight was the industrial estate development and full-service utilities business, which succeeded in selling land in Phase 2 of the World Lamphun Industrial Estate project under one contract worth a total of 611.49 million baht, with ownership transfer and revenue recognition expected within the fourth quarter of 2026. On the medical services side, KT Medical Service Public Company Limited, or KTMS, plans to expand its dialysis centres by three to five branches and add roughly 36 to 64 dialysis machines during the third quarter of 2026. The industrial and water systems business group has trading product orders from 16 customers worth 3.12 million baht, plus water system installation work, automatic drinking water dispensers, services and maintenance contracts for another 22 projects worth a combined 5.23 million baht. The commercial and residential business group has orders for ice machine system installation on two projects worth a combined 32.32 million baht, with revenue also expected to be recognised in the second half of 2026.

FVC or Filter Vision Public Company Limited reported its Q2/2026 operating results, with net profit from continuing operations increasing by 1,675% compared to the same period last year. Revenue from sales and services was 111.42 million baht, up 10.15%, and gross profit margin increased to 34.10%. In the first six months, revenue was 468.36 million baht, up 122.21%. Managing Director Mr. Vijit Techakasem revealed that the company is advancing four core business groups to generate recurring income. The industrial and water systems business group (B1) has total orders for products and services of 8.35 million baht. The commercial and residential group (B2) has two orders for ice-making system installations worth 32.32 million baht. The medical services group (B3) plans to expand dialysis branches by 3-5 and add 36-64 dialysis machines within Q3/2026. Meanwhile, the industrial estate development group (B4) is preparing to transfer ownership of land in the World Industrial Estate (Lamphun) Phase 1. Despite a loss from discontinued operations of the KTMS group amounting to 90.65 million baht in the first half, the continuing business has returned to clear profitability.