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Harn Engineering Solutions Public Company Limited

1.98+6.8%1Y · THB

Harn Engineering Solutions Public Company Limited, together with its subsidiaries, wholesales, retails, repairs, rents, leases, and installs fire protection and suppression products in Thailand and internationally. It operates through six segments: Fire Protection Products and Project; Sanitary and Air-Conditioning System; Refrigeration System; Digital Printing System; Building-IoT Solutions; and Products of Medical 3D Printing Systems. The company offers fire protection and safety solutions, air-conditioning and sanitary solutions, refrigeration solutions, digital printing solutions, and 3D printers and related services for the medical sector. It also engages in trading, repairing, renting, and selling printing equipment; smart building solutions; wholesale of pharmaceutical and medical goods; and businesses related to carbon dioxide and reducing greenhouse gas emissions. Formerly known as Fire Victor Public Company Limited, it changed its name to Harn Engineering Solutions Public Company Limited in November 2016. Incorporated in 2001, it is headquartered in Bangkok, Thailand.

Price · split & dividend adjusted
News & notes moving HARN.BK
Thailand
HARN.BK▲

HARN Confident 2026 Performance Will Grow Above Last Year, Backlog at 500 Million Baht

Mr. Wirat Sukchai, Chairman of the Executive Board of Harn Engineering Solutions Public Company Limited, or HARN, told "Than Hoon" that the company is confident its 2026 operating results will grow better than the previous year, especially in the fourth quarter of 2026, when sales and margins are expected to improve on the back of workload from data center and power plant projects. At present, the company has a backlog of approximately 500 million baht and expects additional new work in the fourth quarter of 2026, giving the backlog a chance to increase further. In the past year, HARN had sales of approximately 1.2 billion baht, with revenue from services accounting for about 3% of total sales, which the company sees as still offering substantial room for growth. The company is in the process of becoming a distributor of high-value products related to its existing business, such as fire suppression systems and air conditioning systems, in order to extend revenue from after-sales service, and expects clarity on this in November 2026. At the same time, the company is preparing its 2027 business plan, which is expected to be clear by mid-October 2026, and is in discussions with financial institutions about credit lines to support these opportunities.
HARN.BK · Demand · Positive Company confident 2026 results will grow above last year on data center and power plant project workload, with a 500 million baht backlog and expected new Q4 2026 orders.
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Artificial Intelligence▲

HARN pushes into data centre market, in talks with global partners, eyeing major projects

HARN is pushing into the data centre market, offering integrated system services, while negotiating with leading global brand partners to bring in new products to strengthen its portfolio, supporting large-scale projects that are expanding continuously due to the growth of AI and cloud computing. In the 3D printing business, its subsidiary Mollissa has launched prosthetic fingers made from proprietary licensed materials, attracting interest from leading public hospitals, with plans to extend into prosthetic organs and other medical devices. The company targets revenue growth of more than 15 percent in 2026, with first-quarter 2026 profit up nearly 50 percent from the same period last year, driven by efficient cost management and a stable baht.
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Artificial Intelligence › AI Server OEM & System Integration Competition
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HARN.BK · Demand · Positive Expanding into data centre market with AI and cloud growth driving demand for integrated system services.
Mollisa · Technology · Positive Launched prosthetic fingers with proprietary licensed materials, attracting interest from leading public hospitals.
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