Post by account_disabled on Dec 25, 2023 1:58:16 GMT -2
Shrinkflex (Thailand) Public Company Limited or SFT is one of the leaders in providing complete labeling solutions with tight shrink film label products in the ASEAN region. Ready to ring the bell to bring the shares to trade on the MAI Stock Exchange on October 29 after investors responded overwhelmingly to subscribe for IPO shares. SFT executives are moving forward with accelerating investment plans to expand new production bases and increase Product line Supporting the potential of producing fully integrated shrink film. Helps increase product value and brand image Receive the market trend of continued growth despite the COVID-19 crisis, confident that this year's performance trend will grow in the double digits, Mr. Sung Chong Toy, founder and chief executive officer of Shrinkflex (Thailand) Public Company Limited or SFT. One of the leaders in providing complete Labeling Solutions with tight shrink film label products in the ASEAN region revealed that the company is ready to list its shares for trading on the MAI Stock Exchange on October 29, 2020 using the securities.
SFT' which is confident. that it will gain the attention of investors Industry Email List Because the company Has the potential to conduct good business operations From the strength of experience and expertise in the industry producing tight shrink film labels for more than 12 years, which helps answer the marketing needs of creating image and value for product brands (Brand Identity) through the provision of tight shrink film labels. Fully integrated, SFT has been trusted by customers for a long time. Currently, the shrink film label printing industry in Thailand is continuously expanding. It is estimated that this year will grow approximately 5% despite negative factors from COVID-19, as Thailand is considered a production base for food and beverage products to be sold abroad. This has resulted in increased demand for shrink film labels being used to create product brands. together with the properties of tight shrink film label products It is also used to replace other types of labels. Therefore, it is an opportunity for SFT, which has the ability to produce with modern technology.
Both printing systems Gravure and digital Therefore able to meet the needs of customers for tight shrink film labels. Both in terms of quality quantity and speed. The company plans to build a new factory to increase production capacity to 185 million meters per year. From the original production capacity of 133 million meters per year Including adding new product lines such as tight shrink film in the clear film group with high shrinkage (POF Shrink Film) and flexible plastic packaging (Flexible Packaging), resulting in SFT's tight shrink film helping to create additional value. to the customer's brand better As for this year's goal, SFT is confident that it will grow in the double digits or not less than 10% despite the COVID-19 situation and political sensitivity factors. After an overview of operations during the first half of this year (January-June 2020) SFT was able to earn a total of 330.47 million baht, an increase of 12.05% compared to the same period last year. and had an operating profit of 49.64 million baht, an increase of 14.38% compared to the same period last year. “We aim to be one of the leaders in providing complete labeling solutions with tight shrink film label products in the ASEAN region.
SFT' which is confident. that it will gain the attention of investors Industry Email List Because the company Has the potential to conduct good business operations From the strength of experience and expertise in the industry producing tight shrink film labels for more than 12 years, which helps answer the marketing needs of creating image and value for product brands (Brand Identity) through the provision of tight shrink film labels. Fully integrated, SFT has been trusted by customers for a long time. Currently, the shrink film label printing industry in Thailand is continuously expanding. It is estimated that this year will grow approximately 5% despite negative factors from COVID-19, as Thailand is considered a production base for food and beverage products to be sold abroad. This has resulted in increased demand for shrink film labels being used to create product brands. together with the properties of tight shrink film label products It is also used to replace other types of labels. Therefore, it is an opportunity for SFT, which has the ability to produce with modern technology.
Both printing systems Gravure and digital Therefore able to meet the needs of customers for tight shrink film labels. Both in terms of quality quantity and speed. The company plans to build a new factory to increase production capacity to 185 million meters per year. From the original production capacity of 133 million meters per year Including adding new product lines such as tight shrink film in the clear film group with high shrinkage (POF Shrink Film) and flexible plastic packaging (Flexible Packaging), resulting in SFT's tight shrink film helping to create additional value. to the customer's brand better As for this year's goal, SFT is confident that it will grow in the double digits or not less than 10% despite the COVID-19 situation and political sensitivity factors. After an overview of operations during the first half of this year (January-June 2020) SFT was able to earn a total of 330.47 million baht, an increase of 12.05% compared to the same period last year. and had an operating profit of 49.64 million baht, an increase of 14.38% compared to the same period last year. “We aim to be one of the leaders in providing complete labeling solutions with tight shrink film label products in the ASEAN region.