Ditto (Thailand) Public Company Limited (SET: DITTO) has announced 2024 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 2024 | 2025 |
| Net Profit (Loss)
Million Baht |
458.29 | 335.09 |
| Earning Per Share
(Baht) |
0.6650 | 0.5170 |
| % Change | 36.77 | |
DITTO reported a net profit in 2024 of Baht 458.29 million, an increase of Baht 123.2 million or 36.77% compared to the previous year. The increase in net profit was due to the revenues of the technology engineering project for the Construction of the New Zoo Phase 1, Khlong Hok and other projects for the government sector and from the revenues of the distribution and provision of Data & Document Management and Cyber Security business in which the company has expanded the services to government and private sectors.
For the year 2024, the Company generated total revenues from sales and services of 2,432.25 million Baht, increased by 615.74 million Baht compared to the previous year, which was a 34% increase, mainly from the increase in revenues as follows:
1) Revenue from the Technology Engineering Projects of government sector increased from the expansion of the technology engineering business in which mainly from the Construction of the New Zoo Phase 1, Khlong Hok which has progressed to the building system installation phase and the development of systems and applications, representing 20 percent of the revenue from the Company’s proportion value. Other significant projects contributing to this growth include the Construction and Development of the Ranong Mangrove Forest Learning Center and the Development of the Mineral and Rock Research Center in Rayong Province.
2) Revenues from the Distribution and Provision of Data & Document Management and Cyber Security business due to the Company’s expansion in software development services, mainly from the project with the Fine Arts Department in which significant projects as follows: – The Fine Arts Department Digital Station project, valued at 68.42 million Baht, which aims to develop a digital cultural heritage information system for public access. – The Cultural Metaverse project, valued at 87.70 million Baht, which was designed to create a heritage-themed gaming platform showcasing Thailand’s cultural heritage.
Share of profit from investment in associates and joint ventures, for the year 2024, increased by 49.19 million Baht compared to the previous year mainly due to a share of profit from NETBAY Public Company Limited amounting to 47.27 million Baht.
The Company received dividend from investment in Somapa Information Technology Public Company Limited, which paid a dividend total amount 30 million Baht from the operating results for the year ended 2023 (addition). The Company recognized dividend income in which the Company holds 18% equity stake, with a dividend received at the amount of 5.40 million Baht.
