Sun Vending Technology PCL

Sun Vending Technology Public Company Limited, or SVT, is preparing to open its new "Rayong 2" branch in October, its 14th branch and its second in Rayong province. Located in Noen Phra subdistrict, Mueang Rayong district, Rayong province, near the Map Ta Phut Industrial Estate, which houses more than 150 Thai and foreign factories and is the country's largest petrochemical industrial hub and ranks eighth in the world. Mr. Pisanu Chokwattana, Managing Director, disclosed that the operating performance trend for the third quarter of 2026 continues to grow compared with the previous quarter and the same period last year, driven by the expansion of the machine installation base in industrial factories, which is the main proportion of revenue. Currently, the company has a total of 15,000 smart vending machines, accounting for 75% of all its machines, achieving its set target, with smart machines generating revenue per machine 10-15% higher than ordinary machines. As of September, the company has installed more than 20,000 vending machines in both open and closed areas.

Sun Vending Technology Public Company Limited, or SVT, reported second-quarter net profit for 2026 of 32.43 million baht, up 40.23% from the same period last year, with total revenue of 768.91 million baht, an increase of 11.76%. For the first six months of 2026, the company posted net profit of 63.66 million baht, up 34.66%, and total revenue of 1.52 billion baht, growing 12.08% from the same period last year. Revenue came mainly from product sales through vending machines, which generated 1.47 billion baht, up 11.29% year on year. As of 30 June 2026, the company had 19,613 vending machines in service, a net increase of 602 machines, or 3.17%, from the end of 2025, and a net increase of 1,087 machines, or 5.87%, from the end of the second quarter of 2025. Average revenue per machine per day for the first six months of 2026 was about 420 baht, up from 400 baht per machine per day in the prior-year period, supported by machines in factory locations recovering along with the export manufacturing sector, especially automotive, electronics, and electrical appliances. Revenue from vending machine sales in the first six months of 2026 was 25.21 million baht, up 76.08% from the previous year. For the remainder of the year, the company plans to expand the proportion of smart vending machines, or Smart VM, to 15,191 units, or 73% of the total, from 13,116 units last year, while deploying big data, IoT, and AI technologies to manage its nationwide vending machine network, and preparing to launch SMART LOCKER, a digital smart locker solution for single-item sales, in the final quarter of the year.

Pitsanu Chokwatana, Chief Executive Officer of Sun Vending Technology Public Company Limited, or SVT, revealed that the company is moving forward with transforming the organization into a full-fledged smart retail infrastructure provider. It aims to increase the number of smart vending machines to 15,191 units by 2026, accounting for approximately 73 percent of all vending machines, up from 13,116 units in the previous year. SVT has adopted Big Data, Internet of Things, and artificial intelligence technologies to manage nearly 20,000 vending machines, which handle over 50 million transactions per month, to enhance operational efficiency, reduce logistics costs, and lay the foundation for long-term growth.