PRAPAT unveils plan to tap wellness market targeting seniors after profit jumps 55%

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Peerapat Technology Public Company Limited, or PRAPAT, has announced plans to expand into the senior economy market in the second to third quarter of 2026, leveraging its existing hospital customer base to broaden its wellness product range and preparing to launch adult diapers for hospitals, elderly care centers, and the health market. The move comes amid pressure on the tourism sector, with tourist arrivals falling to around 30 to 32 million, a drop of about 7% from the previous year. Yet PRAPAT still managed to grow its profit by 55% and pay a dividend of around 5%, reflecting business stability. The company disclosed the information at a Dinner Talk seminar in Songkhla province, noting that Thailand has a population aged 60 and above accounting for about 30% of the total population, presenting a significant market expansion opportunity.

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