BPS TECHNOLOGY PUBLIC COMPANY LIMITED

BPS Technology Public Company Limited, or BPS, has unveiled its JUMP+ Plan to increase corporate value over three years from 2026 to 2028, restructuring its business from a base of equipment distribution and installation services toward delivering fully integrated smart systems, or Smart Infrastructure Execution. It targets total revenue of 740.80 million baht in 2028, net profit of 26.70 million baht, a gross profit margin of 17.7-18% and a net profit margin of 2.5-3.6%. The company has set revenue growth of 27.6% for 2026, before growth of 5.9% in 2027 and 5.8% in 2028, while the net profit margin is targeted to rise from 0.91% in 2025 to 2.5% in 2026, 2.9% in 2027 and 3.6% in 2028. The business plan is driven by three approaches: strengthening the core business, expanding on a platform and data base, and growing together with partners, while extending into Retrofit, Energy Monitoring, Smart Control, Preventive Maintenance and monitoring services through a data platform. It aims to raise the share of recurring revenue to more than 10% by 2028. On the New S-Curve, the company is preparing to move into the Well Building and Longevity market, with a pilot in 2026 to develop wellness and senior living solutions, before launching a fully integrated Well Building solution in 2027 and expanding into wellness residential projects in 2028.

BPS Technology or BPS revealed that if the government pushes forward a project to support the installation of solar rooftops for 1 million households with a subsidy of 50,000 baht per household, it would be a positive factor for the company's solar equipment sales business, which currently accounts for 5-10% of total revenue. The company targets revenue of 650 million baht in 2026, up from 516 million baht in 2025, with about 300 million baht already achieved in the first half. The trading business, which accounts for 80% of total revenue, is supported by investments in communication systems and data centers. Meanwhile, the company is preparing to develop BPS Academy and the Phoi Chang platform to create an ecosystem and expand its dealer network in upcountry areas and Laos, targeting sales from such network to reach 1 billion baht in 2027.

BS Technology or BPS has announced its plan for the second half of 2026 to move towards becoming a Technology Company through five solution business groups. It targets full-year revenue of around 650 million baht, growing 17.3% from the same period last year. It also plans to expand its network in Thailand and Laos to create a New S-Curve and increase the proportion of long-term service revenue. Mr. Surapong Sarechphan, Chief Executive Officer, revealed that the company will elevate itself from an expert in electrical systems and Smart Construction to integrating AI technology, solutions, and services. The main business groups include Smart Construction & One Smart Supply, which extends from Kitting Box to complete electrical infrastructure systems, and develops BPS Academy, a training center for solar cell and CCTV skills, as well as a platform for aggregating technicians. Meanwhile, the Smart Property & Smart Building group focuses on developing network-connected projects such as FTTx cabling services and the Tita application. The Data Platform and Smart Monitoring group is expanding into the data center market, and the Smart Energy group is developing an Energy Management Platform that connects Solar, EV, and Smart Meter with Active C devices under the BPS brand. The Smart Wellness group is developing Health Passport to expand into the Laos market. The company targets sales from network expansion of 1,000 million baht in 2027.