Pico Thailand’s profit up 139%

Bangkok, 7th March: Last week, Pico Thailand, the Thai-listed subsidiary of Pico Far East Holdings, announced its results for the quarter ended 31st January 2025. Revenues during the quarter were US$8.8 million, representing a year-on-year increase of 5.2%.

The company’s net profit jumped 139% year-on-year, reaching US$239,000 for the quarter. Earnings per share in the quarter were Baht 0.037 (US$0.0011).

The management attributed the increase in revenues to E-Sport project with Digital Economy Promotion Agency (DEPA), in the result of an increase income from Event marketing. The company also recorded increases in income from Learning center & Museum business, and Knowledge Communication.