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Friday, April 19, 2024

Jay Mart eyes B30bn M&A deals in drive for growth

Mr Adisak, right, and Ekachai Sukumvitaya, deputy chief executive of Jay Mart, are present at the unveiling of the firm’s new brand identity with world “Jai”, or heart.

SET-listed Jay Mart, a holding firm engaged in IT retail, finance and technology, aims to reach a 500-billion-baht market capitalisation by 2024, up from 200 billion baht, driven by technological power, new business models, and financial products.

The company also aims to achieve annual net profit growth of 50% over the next three years.

Jay Mart said it is pursuing blockchain, big data, digital technology and innovation to enhance its retail capabilities while also gearing up for 20-30 billion baht worth of M&A deals next year, particularly with consumer-based…

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