SFT has a net profit of $42.7 million in 2024, up 42.7 percent.

SFT has a net profit of $42.7 million in 2024, up 42.7 percent. After the economic recovery signal, the Board of Directors announced a dividend of 0.1015 baht per share, hoping for a year of 65 to rise 15-20 percent, getting a falling film label demand.

Shrinkflex (Thailand) Public Company Limited or SFT', one of the leading labeling solutions providers in the ASEAN region with a full range of shrink film label products, had a net profit of 11.56 million baht in 2018, up 42.7 percent, reinforcing the potential of producing strong shrink film labels with effective production cost management in terms of board. In exchange, a dividend of 0.1015 baht per share has been approved.

In the year 2022, the company is confident that the performance will grow about 15-20%, given the rhythm of the economic recovery, supporting demand for more shrink film labels.

Mr. Sung Chong Tsoi, Chief Executive Officer of Shrinkflex (Thailand) Public Company Limited or SFT, one of the leading labeling solutions providers in ASEAN region, revealed that the results of In 2021, despite administrative challenges Managed from negative factors of COVID-19, however, the company still succeeded in driving its operating performance to reach the target, with total sales revenue of 793.56 million baht, an increase of 17.2% compared to the same period last year. From the factor of higher capacity and after the operation of the fifth production line since the end of Q2/21 that can respond to the needs of customers in the food and beverage industry, household products and the cosmetic industry group better

At the same time, the company was able to manage costs effectively. even faced with the risk of rising raw material prices

Mr. Sung Chong Tsoi, the Chief Executive Officer of Shrinkflex (Thailand) Public Company Limited or SFT, one of the region's top labeling solutions providers, revealed the results of the Despite administrative hurdles, in 2021. Despite the negative effects of COVID-19, the company was able to drive its operating performance to meet the target, with total sales revenue of 793.56 million baht, up 17.2 percent over the same period the previous year. From the standpoint of increased capacity, the fifth production line has been operational since the end of Q2/21, allowing the company to better respond to the needs of clients in the food and beverage, household products, and cosmetics industries.

At the same time, the corporation was able to successfully manage its costs. Despite the threat of increased raw material prices

SFT benefits from economies of scale, resulting in profits, thanks to a yearly average machine utilization rate of 74.74 percent for gravure printing systems and 36.74 percent for digital printing systems. The net was 111.56 million baht, up 42.7 percent from the prior period of the previous year's. On February 25th, 2022, the Board of Directors decided to approve the dividend payment of the performance in 2021 at a rate of 0.1015 baht per share by stating the list of shareholders entitled to dividends (Record Date) and the dividend payment date on March 14^th, 2022.

"SFT continues to expand at a healthy rate, indicating that the company has a lot of promise." Despite the dangerous risks associated with COVID-19, Shrink film labels serve the demands of consumers in the food and beverage sector, having a summer sales season driving growth according to the company's primary clients, as well as good cost control in all areas Mr. Chung Chong Toy stated, "This helps us to expand by our objectives."

According to SFT's Chief Executive Officer, the company's 2022 action plan intends to expand 15-20 percent by bringing the production base for shrink film labels up to speed. Both gravure and digital printing systems have a tight fit to make the brand stand out, support customers should employ shrink wrap film labels.