Masterkool International Public Company Limited

CL Venture Public Company Limited, or KOOL, announced second-quarter 2026 results with a strong recovery. Total revenue was 193.98 million baht, up 45 percent from the same period last year, and net profit was 14.68 million baht, up from 1.08 million baht a year earlier. For the first six months, total revenue was 371.14 million baht and net profit was 27.40 million baht. Managing Director Noppachai Veeraman said the MASTERKOOL business group may slow in the second half of 2026 due to seasonal factors, but the finance business group is likely to stand out more. The company is studying funding sources to support future loan portfolio expansion and expects clarity or new projects within 2027. Its financial position remains strong. At the end of June 2026, total assets were 1,862.32 million baht, shareholders' equity was 1,423.07 million baht, and the debt-to-equity ratio was only 0.31 times. Cash flow from operating activities for the six-month period was 145.89 million baht, up from 140.59 million baht a year earlier. The company is also looking for opportunities to expand through mergers and acquisitions to create synergy and strengthen long-term growth potential.

CL Venture Public Company Limited, or KOOL, has decided to sell its subsidiary Thonthawee Asset Management Company Limited, or TTAMC, which operates a non-performing debt management business, at a price of 13.20 baht per share, totaling 33 million baht, to Pichayapat Sirideeroj. The move aims to reduce administrative expenses, as TTAMC currently has no claims on debtors and no plans to invest in additional non-performing assets or properties awaiting sale. TTAMC's operating results over the past five years have mostly been losses, with total revenue of 516,315 baht and a net loss of 42,789 baht in 2025. Meanwhile, KOOL reported total revenue of 637.85 million baht and a net profit of 45.70 million baht in 2025. This sale is part of the Weakest Link operation to eliminate weaknesses that hinder the growth of KOOL's cooling business and other ventures.