Pico Thailand’s revenues up 26% in FY2023-2024

Bangkok, 4th December: Earlier this week, Pico Thailand, the Thai-listed subsidiary of Pico Far East Holdings, announced its full-year financial results for the year ended 31st October 2024. Revenues in the financial year were US$39 million, representing a year-on-year increase of 26%.

The company’s net profit grew 34% over the previous year, reaching US$906,000. Earnings per share of the financial year were Baht 0.14 (US$0.0040).

The company attributed the increase revenues to the increase in income from various business segments: Revenues from the Events markets and Exhibition business increased was due to Sci – Power event with Ministry of Higher Education Science Research and Innovation (MHESI FAIR); the increase in revenues from the Learning center & Museum business was due to significant progress made on the government project.