Bluebik Group shows net profit for the first 9 months of 217 million baht, confident that 66 growth will exceed target by 120% YoY.

Bluebik Group reveals operating results for the first 9 months of 2566 with net profit reaching 217 million baht, an increase of 118% compared to the same period last year (YoY), with income of 941 million baht, growing 122% YoY.

This is a result of the continuous growth of core services and the strategic plan to create synergy between affiliated companies. Including tax benefits that will drive profits in the third quarter of 3 to reach a record high. Contrary to the direction of the economic slowdown

Financial results for the 3rd quarter of 2566 of Bluebik Group Public Company Limited. หรือ BBIK Consultant and complete digital transformation service provider Net profit of the group of companies was 80 million baht. Increased 6% compared to the previous quarter (QoQ) as a result of maintaining a high gross profit margin of 53%, controlling selling and administrative expenses by 4%, and tax benefits.

For the periodic income is 335 million baht and there is also foreign work waiting to recognize income from the 3rd quarter to the 4th quarter as well. The value of the backlog work (as of the end of September 2566) is 805 million baht.

Divided into 692 million baht from Bluebik and 113 million baht from the joint venture company. Prepare to recognize income in the 4th quarter from more than 291 million baht from Bluebik and 113 million baht from the joint venture company. The remaining income will be gradually recognized in 2567 - 2571.

Mr. Phachara Arayakarnkul Chief Executive Officer of Bluebik Group Public Company Limited or BBIK said that the past period of 2566 was considered a very challenging time for business operations. from negative factors that have intensified, ranging from geopolitical risks (Geopolitical Risk) and investment, international conflicts and the economic slowdown But Bluebik was still able to maintain stable net profit growth over the past 9 months.

and is confident that the trend for the 4th quarter will continue to be good for the main service groups both domestically and abroad. Including strong profit sharing from joint venture companies. That will support the full year 2566 operating results to grow beyond the 120% target that was previously set.

“The demand for investment in technology by businesses continues. Because organizations need to maintain competitiveness and reduce operating costs.

In addition, the company sees an opportunity to strengthen its income from the company's potential and expertise. With plans to add new products and services in the future. To meet the needs of doing business in the digital economy era, such as White Label Platform, ERP Implementation services. and cyber security services (Cybersecurity) that is more comprehensive From prevention to dealing with threat events, etc.” Mr. Pachara said.

The company is confident that Bluebik's operating results will continue to be bright in 2567 as a result of its strength in integrated services. that covers the needs of increasingly complex business sectors and expanding into potential markets abroad Like the financial industry of Vietnam. that are facing change and growth from digital disruption Including the Philippines and Malaysia, which are aware of digital transformation.

The main services that are ready to meet the needs of these markets include digital system development and technology consulting services (Digital Excellence and Delivery), strategy and management consulting services (Management Consulting), and cyber security services. (Cybersecurity)

In addition, the company revealed that there are other positive factors that will strengthen its growth in 2567 as planned, including the full-year tax benefits of Bluebik Titans Company Limited that were approved during the quarter. 3 years ago

and tax benefits of Vulcan Delivery Co., Ltd. (VDD) that are expected to be added in the 4th quarter, combined with the full opening of the two joint venture companies. These include Sauce Skills Company Limited (Sauce Skills), a corporate training business that continually receives excellent response from large corporate customers, and EcoX Company Limited (EcoX), a technology and Green Tech business that Prepare to move forward at full speed next year.

“The strategic plan to create synergy between affiliated companies was completed this year. It will support Bluebik's strong growth next year. both in terms of reducing expenses of the company group From improving the back office operating system, increasing the Utilization Rate of employees, doing Cross-Selling and Up-Selling, including handing over work to each other. To support expanding services to new customer groups both domestically and abroad. and maintaining the existing customer base more efficiently and comprehensively It can also support plans to develop additional new products and services in the future.” Mr. Phachara concluded.