FVC accelerates in second half, pushes 4 businesses to drive revenue growth

Earnings
โดย HoonVision·TH·Read original
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Mr. Wijit Techakasem, Managing Director of Filter Vision Public Company Limited (FVC), revealed that the business direction in the second half of 2026 continues to drive growth through 4 main business groups, aiming to generate recurring income while managing costs and improving operational efficiency. In the second quarter of 2026, revenue from sales and services was 111.42 million baht, an increase of 10.15% year-on-year, and net profit from continuing operations was 4.41 million baht, an increase of 1,675% year-on-year. The gross profit margin increased to 34.10%. As a result, in the first six months of 2026, revenue from sales and services was 468.36 million baht, an increase of 122.21% year-on-year. In the industrial and water systems business group (B1), there are trading orders from 16 customers worth 3.12 million baht, and 22 projects for water system installation, automatic drinking water dispensers, services, and maintenance contracts worth a total of 5.23 million baht, which will be gradually recognized in the second half. In the commercial and residential business group (B2), there are orders for ice machine installation projects worth a total of 32.32 million baht, expected to be completed in the second half of 2026. In the medical services business group (B3), there are plans to open 3-5 additional dialysis branches and add 36-64 dialysis machines within the third quarter of 2026. NEP is preparing to add 1-2 more dialysis machines, while IRV has orders for 12 water system installation projects worth a total of 9.46 million baht, and MV has work on medical specimen transport duct systems and solar cell systems, expected to be completed in the third quarter of 2026. In the industrial estate development and comprehensive utility services business group (B4), development of the World Industrial Estate (Lamphun) project continues, with Phase 1 preparing to transfer land ownership according to the conditions of the sale and purchase agreement, while Phase 2 continues as planned. Although the first half of 2026 results were affected by business restructuring and asset revaluation of the KTMS group, with a loss from discontinued operations of 90.65 million baht and 99.10 million baht in the second quarter of 2026, mainly due to recognizing a loss from the revaluation of assets held for sale of the KTMS group amounting to 105.93 million baht, when considering only continuing operations, the second quarter of 2026 turned to profit, with improved revenue and gross profit margin, reflecting the potential of core businesses and clear signs of recovery.

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Irving CorporationPrivate▲ Positive
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IRV has orders for water system installation projects worth 9.46 million baht