Bangkok--May 11--Siam PR. Consultant
Siam2you reports highest revenue ever for a quarter in Q1 2005
Revenue growth is celebrated in the form of an interim dividend of 0.30 baht
Siam2you Public Company Limited, the leading digital communications company in Thailand reports revenue of close to 40 million Baht in Q1 2005. The company has announced an Interim dividend of 0.30 baht in view of outstanding Q1/2005 results. The dividend payment shall be done on 27 May 2005.
Mr. Niklas Stalberg, Chief Executive Officer of Siam2you Public Company Limited, said the company reports revenue during January 1 — March 31, 2005 of 38.03 million baht, which is a 19.67 percent increase from Q1 2004. The net profit in Q1 2005 was 8.68 million Baht, a 29.31 percent increase from Q1 2004.
“The financial performance in Q1/2005 is very satisfactory as the revenue increased around 20 % compared to the same quarter last year while the company has managed to maintain the net profit margin at the high level of around 22%. Based on the fact that Q1 2005 has generated the highest quarterly revenue ever for the Company the Board of Directors decided to announce an Interim dividend payment of 0.30 baht per share with the total Interim dividend payment of 12,279,453 baht. The dividend will be paid to the shareholders whose name appears on the shareholder registration book as of 24 May 2005 12.00 hrs. The dividend will be paid on 27 May 2005,” he continued.
“As the quarterly performance in Q1 2005 is the highest since the commencement of the Company, the executives expected the Company to continue the growth as targeted. Siam2you has conservatively projected the revenue of 177 million baht or 46 percent increase from that of the previous year. The gross profit margin was 79.55 percent and net profit margin was 21.75 percent in 2004. Net profit will continue to grow in 2005 along with the increasing price for service charge as well as the launch of new wireless value added services.”
“Better performance was a result of continuous innovation and launch of new wireless value-added services that satisfies the needs of consumers. The company is determined to continue develop wireless value-added services, which fits the modern lifestyles, which demand vast information and various entertainment services beyond the ordinary use of mobile phones. As the leader in digital communications, Siam2you is able to provide value-added services to more then 97% of the total number of mobile phone users in the Thai market through agreements with all major operators. We expect to continue to grow by expanding the customer base by reaching out to new customer segments” he added.
“The company targets to expand the business and improve its competitive advantage during the next three years. The company plans to invest in projects that give synergies to its existing business units, either through organic growth or investments into companies with related business. The target is to execute at least one major project every year for the next three year, with the purpose to increase the existing customer base and to reach out to mobile phone users that current are not yet using wireless value-added service. The company also plans to invest heavily into its interactive solutions business unit, which has seen high growth during the past quarters.” he concluded.
About Siam2you
Siam2you Public Company Limited is a digital communications company that offers demand driven solutions based on wireless and Internet technologies to both consumers and consumer oriented corporations. Siam2you operates through three business units. Siam2you Wireless develops, aggregates, and distributes Wireless Value Added Services (VAS) under the Siam2you brand name and through partners to end consumers. Siam2you Interactive Solutions is a gateway to consumer-oriented corporations, offering customized web based interactive consulting services. Siam2you Digital Media offers digital advertising solutions that enable communication with wireless and Internet users. For more information please visit http://www.siam2you.net
For more information please contact:
Songkram Kingklang, Jatupon Siridech or Wichiitra Tungjerdjarad
Siam PR. Consultant Co., Ltd.
Tel. 0 2693 7835 — 8 ext. 39-41
Fax. 0 2693 6920 End.