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Siamrajathanee Public Company Limited

Siamrajathanee Public Company Limited provides a range of outsourcing services in Thailand. It operates through two segments: Outsourcing Service and Rental Services. Its offerings include professional staffing such as drivers, clerks, and technicians, car rental, landscape management, industrial waste disposal, data entry and digitization, workflow and process automation systems, and recruitment and employment agency services. Founded in 1976, the company is headquartered in Phra Pradaeng, Thailand, and is a subsidiary of Krainao Property Company Limited.

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Thailand
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SO partners with Department of Older Persons to open 30 positions for seniors, boosting ESG in the Social dimension

Siamrajathanee Public Company Limited, or SO, has announced a partnership with the Department of Older Persons to drive measures supporting an ageing society by promoting income and employment for older people. Chief Executive Officer Kantima Jangwansuk said the company will set a policy on employing older workers, prepare readiness plans, and submit job vacancies to the Department of Older Persons whenever suitable positions arise. The company has begun a pilot programme hiring older people as drivers, with 30 positions, before assigning them to work with corporate clients. It is also applying the concepts of flexible work, reskilling and upskilling, as well as technology and AI, to match applicants with suitable positions. Most recently, the company received an award as an organisation promoting employment and income for older persons for the year 2026 from the Ministry of Social Development and Human Security, and was recognised as an outstanding network for promoting and supporting work on older persons. For its next plans, the company is preparing to build on its expertise in outsourcing and workforce management to create an employment ecosystem for older people, and to expand the programme into other career lines such as services, clerical work, organisational support, and coordination.
SO.BK · Demand · Positive SO partners with the Department of Older Persons and opens 30 driver positions for seniors, expanding its outsourcing workforce placement business.
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Thailand
Smart City / Autonomous Infrastructure▲2

SO launches MOBIX platform for managing people and vehicles, boosting technology business revenue

Siamrajathanee Public Company Limited, or SO, has launched the MOBIX application, a comprehensive platform for managing people, vehicles, and off-site work. Ms. Kanthima Jangwansuk, Chief Executive Officer, said this extends the company's expertise in managing people and vehicles into the technology business. MOBIX links personnel data, vehicles, and work processes in a single system, covering route and driving behavior tracking, field data collection such as Trip Notes, Activity Log, and Driver Score, as well as managing fuel receipts through Optical Character Recognition (OCR). The company believes MOBIX meets the needs of organizations with employees, vehicles, or teams spread across multiple locations, and can be deployed in a single department first before expanding across the entire organization. For the technology solutions business, the company assesses high growth potential, with a revenue structure comprising continuous membership fees, or Subscription Recurring Revenue, and revenue from installation, development, and expansion projects within organizations, in line with SO's goal of transitioning into a Strategic Operations Partner.
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Smart City / Autonomous Infrastructure › Connected Fleet & Telematics ▲Technology
SO.BK · Technology · Positive SO launched the MOBIX platform, extending its people and vehicle management expertise into the technology business with recurring subscription revenue.
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Thailand
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SO closes share buyback program, repurchasing 4.70 million shares worth 21.89 million baht

Siamrajathanee Public Company Limited, or SO, announced that its share buyback program for financial management, which ran from March 18 to September 17, 2026, has concluded. The company repurchased a total of 4,705,700 shares, representing 0.99% of all issued shares, for a total value of 21.89 million baht. Earlier, the company set a buyback limit of not more than 48 million baht, for no more than 10 million shares, or 2.10% of all shares. As for the sale of the repurchased shares, the company will present the matter to the board for consideration again. Under the relevant criteria, repurchased shares may be sold once three months have passed from the date the buyback was completed, and must be sold within three years from the program's end date. If the shares are not sold, or not fully sold, within the specified period, the company will reduce its capital by cancelling all remaining repurchased shares.
SO.BK · Capital · Positive SO completed its share buyback program, repurchasing 4.70 million shares worth 21.89 million baht.
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Siam Rajathanee reports backlog of 2.894 billion baht, supporting double-digit growth target

Siam Rajathanee Public Company Limited, or SO, has revealed its business direction for the second half of 2026, with a backlog of work awaiting revenue recognition of 2.894 billion baht, equivalent to 93.2% of its full-year revenue target of 3.1 billion baht, reflecting a strong revenue base and volume of work in hand. The company is moving forward with transforming its business from an outsourcing service provider to a strategic operations partner focused on concrete results, while using AI to enhance efficiency and reduce costs. The SmartOps 2.0 project, part of the JUMP+ programme, has achieved 54% progress in its first-year plan, exceeding the year-end target of 35%. Meanwhile, the SO NEXT business expects the FilesDay platform to generate revenue of 50 million baht in 2027, representing 2.3% of the target market in Thailand valued at 2.16 billion baht. For the first half of 2026, the company reported total revenue of 1.43024 billion baht, net profit of 102.92 million baht, and announced an interim dividend of 0.18 baht per share, totalling 85.7 million baht, representing a payout ratio of 80% of net profit after deducting legal reserves, scheduled for payment on 10 September 2026.
SO.BK · Demand · Positive Backlog of 2.894 billion baht covers 93.2% of revenue target, ensuring strong revenue base.
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SO pays interim dividend of 0.18 baht per share

Siam Rajathanee Public Company Limited, or SO, has announced an interim dividend from its first-half 2026 operating results at 0.18 baht per share, totaling 85.7 million baht. This represents a payout ratio of 80 percent of net profit after deducting legal reserves, with payment scheduled for 10 September 2026. The company reported first-half total revenue of 1.43 billion baht and net profit of 102.92 million baht. In the second quarter of 2026, total revenue was 1.41 billion baht, up 2.2 percent from the same period last year, with net profit of 102.9 million baht. Average gross margin stood at 16.39 percent. The company targets full-year revenue of 3.1 billion baht. Currently, cumulative revenue plus backlog awaiting revenue recognition totals 2.89 billion baht, or 93.2 percent of the full-year target, and the company continues to pursue double-digit growth.
SO.BK · Capital · Positive Announces interim dividend of 0.18 baht per share with 80% payout ratio, reflecting strong earnings and shareholder return.
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