SYNEX Reports 18% Profit Growth and 0.10 Baht Dividend

MGR Online•Economy•7d ago

Reader Briefing

Synex (Thailand) Public Company Limited reports net profit growth for the second quarter and first six months of 2025 while announcing an interim dividend.

•Synex (Thailand) reported a net profit of 224 million baht for Q2 2025, an increase of 17.8% year-on-year.
•The company announced an interim dividend of 0.10 baht per share with an XD date of August 19, 2026.
•Net profit for the first six months of 2025 reached 445 million baht, growing by 17.7% year-on-year.
•Suthida Mongkolsuthee targets a gross profit margin of 4.0% and total revenue of 53,000 million baht for the year.

Overview

•Synex (Thailand) achieved a net profit of 224 million baht in Q2 2025 and 445 million baht for the first six months of 2025.
•Growth was supported by demand for technology products, specifically IT Commercial growing by 43.1% and Enterprise Solution growing by 11.3%.
•Synex (Thailand) is transitioning from an IT distributor to a Digital Infrastructure Platform to support the AI economy.
•The Board of Directors approved an interim dividend of 0.10 baht per share, payable on September 2, 2026.
•Synex (Thailand) partnered with LONGi to strengthen its solar ecosystem and product portfolio.
•Synex (Thailand) expanded its ecosystem through new partnerships with Honeywell and MAXHUB for enterprise solutions.
•Suthida Mongkolsuthee stated that Synex (Thailand) is moving toward delivering products, solutions, and services in an As-a-Service model.
•Synex (Thailand) plans to drive New Growth Engines in the second half of the year, including AI Infrastructure and Cloud Platforms.

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Key Quotes

Suthida Mongkolsuthee

"Our goal is not just revenue growth, but enhancing profit quality, increasing the proportion of value-added businesses, and creating a recurring revenue base."

เป้าหมายของเราจึงไม่ใช่เพียงการเติบโตของรายได้ แต่คือการยกระดับคุณภาพกำไร เพิ่มสัดส่วนธุรกิจที่มีมูลค่าเพิ่ม และสร้างฐานรายได้ประจำ

Key Entities

Organization

Synex (Thailand) Public Company Limited(บริษัท ซินเน็ค (ประเทศไทย) จำกัด (มหาชน))

An IT distributor transitioning into a Digital Infrastructure Platform, also referred to as SYNEX.

LONGiℹ️

A partner of Synex (Thailand) used to strengthen its solar ecosystem and product portfolio.

Honeywellℹ️

A new partner of Synex (Thailand) providing solutions for the enterprise business group.

MAXHUB

A new partner of Synex (Thailand) providing solutions for the enterprise business group.

Person

Suthida Mongkolsuthee(สุธิดา มงคลสุธี)

Chief Executive Officer of Synex (Thailand) Public Company Limited.