TPL open for trading on the first day 5.90 baht above reserve

Bangkok, June 30-TPL opened for trading on the first day at 5.90 baht, an increase of 2.60 baht (+78.79%) from the IPO price of 3.30 baht.

Thai Parcel Public Company Limited (TPL) was listed and started trading on the mai market under the service industry group. operates as a service provider for delivering goods or items in Thailand for both the business sector and the general public Including providing a service to collect money for products on delivery. Specializing in large items There are both B2B, C2C and B2C delivery. Currently, the company provides delivery services and approximately 3.5-6.0 hundred thousand items per month. And can provide services to both business and retail customers. with 129 service points nationwide Both in the form of the company's branches and the company's franchises.

Total income in 2020-22 was 709 million baht, 534 million baht and 486 million baht respectively, and net profit in 2020-22 was 128 million baht, 21 million baht and 21 million baht respectively, representing a net profit margin of 18. % , 4% and 4% respectively. The 1Q23 revenue was 134 million baht, an increase of 14%Y and a net profit of 9 million baht, an increase of 278% due to the increase in revenue from B2B and B2C customers. Compared to the previous year, 16% and 30%, respectively.-Thai News Agency

Source: Thai News Agency