Mrs. Mallika Kaekla Chief Executive Officer Dexon Technology Public Company Limited (DEXON) revealed that DEXON shares opened for trading on the first day at 4.56 baht from the subscription price of 4.50 baht, receiving good feedback from investors. Due to a strong business background as one of the leaders in pipe inspection using advanced technology and bright future business growth opportunities both in the Netherlands (Europe) and the United States.
This fundraising, the company plans to use the proceeds of approximately 554 million baht for business expansion in the Netherlands (Europe) and the United States. Emphasis is placed on engineering inspection services for pipe systems with advanced technology (Smart Pigging Technology) that there are few competitors in the market. In particular, the inspection of micro-cracks in the pipeline system requires a special high-tech tool developed by the company (Hawk Pipeline Crack Detection and Measurement System), investing in research. and develop technology that responds to customer needs and industry changes
For example, an efficient transition to clean energy, pipeline inspections to accommodate the conversion to hydrogen gas (Hydrogen Energy Conversion) that converts pipeline products from conventional to oil. and natural gas as transport of hydrogen gas Carbon capture and storage (CCS) to reduce greenhouse gas emissions.
including repayment of loans from financial institutions Including working capital for business operations which is regarded as strengthening the company and creating opportunities to compete for the company
Mr. Wicha Tomana Managing Director Investment Banking Department, Phillip Securities (Thailand) as a financial advisor and distribution manager And guarantee the sale of DEXON’s shares revealed that DEXON has received good feedback from investors reflecting the attractiveness of the company. And investors recognize the potential business fundamentals. and strong financial position Including the opportunity to expand the business for future growth.
While the performance of DEXON in the year 20-22, the company and its subsidiaries have income from sales and services of 438.97 million baht, 433.46 million baht and 608.51 million baht respectively and have a net profit of 11.04 million baht, 18.15 million baht, 105.15 million baht according to number
Revenue in 2022 increased by 175.04 million baht, growing 40.38% compared to 2021, and net profit increased by 87 million baht, growing 479.33% compared to 2021, mainly due to foreign customers mainly due to the relaxed COVID-19 situation and the company was able to More travel to provide service abroad It believes that the economy will begin to return to normal. After facing the COVID-19 crisis since 2019
By InfoQuest News Agency (31 Mar. ’23)
Tags: DEXON, Mallika Kaekla, Thai Stock, Dexon Technology
