COM7 is gearing up for the launch of the iPhone 18, confident of a positive reception, highlighting artificial intelligence (AI) features to spur consumer upgrade decisions. The company will leverage its ecosystem strengths and U-Fund to support sales, expecting to start recognizing revenue from the new iPhone models from mid-September onward. Mr. Thakol Niyomthai, Head of Investor Relations, revealed that demand for new iPhone models remains continuous despite potential price changes, as customers wanting the latest models still exist. The added AI features could be a significant incentive for upgrades aligned with usage cycles. Regarding U-Fund, the company manages credit quality well, with a non-performing loan (NPL) ratio of 0.84% as of mid-year, below the target of no more than 3%. The third-quarter 2026 performance trend is expected to grow from the same period last year, driven not only by iPhone but also by Android smartphones, MacBook notebooks, and various gadgets. COM7 continues to expand its clean energy and electric vehicle (EV) businesses. The Solar Rooftop business has a backlog of approximately 2-4 months, while the EV Taxi business delivers an average of about 300 vehicles per month, and has partnered with Grab to deliver the first phase of 1,000 electric vehicles. The company maintains its 2026 targets, expecting total revenue to grow approximately 15% from the previous year, with net profit growth of no less than 20%.
Com7 PCLCOM7 expects iPhone 18 launch with AI features to drive upgrades and revenue growth from mid-September.
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