FVC advances four core businesses, expects to recognise 611.49 million baht Lamphun land sale in Q4 2026

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Filter Vision Public Company Limited, or FVC, has announced a strategy adjustment across its four core business groups to cope with price competition and rising costs. Managing Director Wichit Techakasem disclosed during an earnings call that the company will focus on cost management, maintaining liquidity, and accelerating revenue recognition from its order backlog to drive 2026 results toward its growth target. In the industrial and water system operator business group, or B1, the company 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 with a combined value of 5.23 million baht. The commercial and residential business group, or B2, has orders for ice machine system installation on 2 projects worth a combined 32.32 million baht, with revenue to be gradually recognised in the second half of 2026. The medical services business group, or B3, through KT Medical Service Public Company Limited, or KTMS, plans to expand its dialysis centres by 3 to 5 branches and add approximately 36 to 64 dialysis machines during the third quarter of 2026. The industrial estate development and integrated utility services business group, or B4, succeeded in selling land in the World Lamphun Industrial Estate Phase 2 project under 1 contract worth a total of 611.49 million baht. Ownership transfer and revenue recognition are expected within the fourth quarter of 2026, which will be a significant factor supporting results at the end of the year. For its second-quarter 2026 results, FVC reported sales and service revenue of 111.42 million baht, up 10.15% from the same period a year earlier, and net profit from continuing operations of 4.41 million baht, with gross profit margin rising to 34.10%. For the first six months of 2026, sales and service revenue totalled 468.36 million baht, up 122.21% from the same period a year earlier.

Impact on stocks 2

Climate Adaptation & Water · 1 stocks
Health Care · 1 stocks
KT Medical Service PCL
KTMS
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KTMS plans to expand dialysis centres by 3-5 branches and add roughly 36-64 dialysis machines in Q3 2026.