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The Practical Solution Public Company Limited (Thailand)

Main Activities: Other Computer Related Services
Full name: The Practical Solution Public Company Limited Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Practical Solution Public Company Limited is a company based in Bangkok, Thailand. It was established on May 20, 2004, with an initial paid-up capital of 1 million baht. The company's objective is to engage in consulting, designing, sourcing, installing, and distributing products and equipment related to Information Technology Solutions Provider (ITP). They aim to provide efficient and effective high-quality products that are world-class. The company serves customers at all levels, from small businesses to large private companies, government agencies, and state enterprises. They also offer after-sales system maintenance and other information technology services. The Practical Solution Public Company Limited is a Business Partner with product owners such as Cisco Systems, NetApp, Palo Alto Networks, Symantec, VMware, and Fortinet Inc. They have been upgraded to a Gold Certified Partner by Cisco. On June 28, 2019, the company's Extraordinary General Meeting of Shareholders approved the conversion of the company. They also increased their registered capital from 100 million baht to 140 million baht. On November 15, 2019, the company was listed with the Stock Exchange of MAI for its initial public offering (IPO), offering 80,000,000 shares at 2.50 baht each. The company currently has a total paid-up capital of 140 million baht. The Practical Solution Public Company Limited specializes in the distribution and installation of computer network systems in Thailand. They offer fully integrated communication, wireless communication, network security, and management systems. Additionally, they provide network system management, data center solutions, maintenance services, telecommunication line installation, and information system security distribution and services.

Headquarters
99 Soi Cement Thai, Ratchadapisek Road, Lad Yao
Bangkok , Special Governed District of; Central Thailand; Postal Code: 10900

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Website: http://www.thepractical.co.th

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2004
Key Executives
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Chief Executive Officer
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Chairman of the Executive Committee
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Chairman of the Executive Committee
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Chairman of the Supervisory Board
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Vice President
Ownership Details
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31.07%
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9.02%
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7.53%
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5.62%
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5.51%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency THB. Absolute financial data is included in the purchased report.
Net sales revenue
46.37%
Total operating revenue
45.85%
Operating profit (EBIT)
45.84%
EBITDA
39.44%
Net Profit (Loss) for the Period
42.99%
Total assets
17.97%
Total equity
28.07%
Operating Profit Margin (ROS)
-0.03%
Net Profit Margin
-0.18%
Return on Equity (ROE)
0.87%
Debt to Equity Ratio
-4.88%
Quick Ratio
0.48%
Cash Ratio
-0.12%

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