Sabuy makes push into ATM marketMr Chookiat says the company targets investment of 1.5-2 billion baht for business expansion in 2022, with revenue projected to grow 50% next year. In the second development, Sabuy decided to buy 4,600 vending machines from Forth Vending Co, a subsidiary of SET-listed Forth Corporation, for 340 million baht. At present, Sabuy operates 57,000 top-up machines and 5,600 vending machines, as well as food court systems for 231 locations. It also has 4,040 branches of Shipsmile shops and 170 shops of postal service Plus Express. Sabuy reported third-quarter revenue of 674.6 million baht, up 69.5% from the same period last year, with net profit reaching 56 million baht in the third quarter, a surge of 148% year-on-year.

Source: Bangkok Post November 10, 2021 02:24 UTC