PIS Secures Big Project Developing ERP System for PEA Worth 2.9 Billion Baht Boosting Backlog to 5.9 Billion Baht
PRO INSIDE Public Company Limited (PIS) has secured a Big ERP system development project for the Provincial Electricity Authority (PEA), valued at over 2.9 billion baht, pushing its backlog to 5.9 billion baht. CEO “Benyapa Chalermwat” emphasized that this achievement reinforces PIS’s position as a leading full-service ICT solutions provider, trusted by government agencies and state enterprises. She also hinted at several multi-billion-baht projects currently in the bidding process, expressing confidence in significant business growth over the next 1-3 years, delivering strong returns to shareholders. Ms. Benyapa Chalermwat, CEO of Pro Inside Public Company Limited (PIS), announced that the Provincial Electricity Authority (PEA) had issued a tender for the procurement, development, installation, and maintenance of its Enterprise Resource Planning (ERP) system through e-bidding. PIS submitted its proposal for the project, and on March 3, 2025, PEA officially announced PIS as the winning bidder, with a contract worth 2,938,220,000 baht (including VAT). “Securing this mega ERP development project for PEA reinforces the confidence that government agencies and state enterprises have in PIS as a leading full-service ICT solutions provider. As a result, our backlog has increased from 3 billion baht to 5.94 billion baht. Additionally, we have multiple projects worth several billion baht currently in the bidding and pre-bidding stages. This will drive exponential growth over the next 1-3 years, delivering strong returns for our shareholders.” Ms. Benyapa further stated that for the remainder of the year, PIS will continue bidding for ICT projects from government agencies and state enterprises, which remain a core strength of the company. Backed by a highly skilled and professional team with extensive experience, PIS has earned the trust of key government entities, including the Ministry of Education, the Ministry of Public Health, and other agencies that consistently expand their investments and launch new projects annually to improve the quality of life for Thai citizens in alignment with government policies. With these ongoing opportunities, PIS is confident that its 2025 revenue will grow by over 15%, reaching a new all-time high. Since late 2024 to early 2025, PIS in collaboration with its partners, has secured two new projects through consortium: PTNPI Consortium – A project for the maintenance of enterprise software systems and integration of related systems, valued at 1.5 billion baht. SP Consortium – A project for the procurement of Thailand’s national healthcare cloud system in partnership with National Telecom Public Company Limited (NT), valued at 992 million baht. For the 2024 fiscal year (ending December 31, 2024), PIS reported total revenue from its core business of 1.47 billion baht, marking 37% increase from 1.08 billion baht in the previous year—a new record high. The company also achieved a net profit of 103 million baht.
PIS Showcases Outstanding Performance in 2024, Revenue Surges to 1,472 Million Baht, Setting New Record
PIS Showcases Outstanding Performance in 2024, Revenue Surges to 1,472 Million Baht, Setting New Record. Driving Billion-Baht Projects with Revenue Recognition on the Horizon, Paving the Way for Another New High in 2025 “PRO INSIDE Public Company Limited (PIS) delivers a stellar performance in 2024, with over 1,472 million baht in revenue—a new high. Under the leadership of CEO, “Benyapa Chalermwat,” the company is confident of surpassing 15% revenue growth in 2025. With a strong backlog of 3 billion baht, PIS is actively bidding for government and state enterprise projects, aligning with mega ICT investment plans aimed at enhancing the quality of life for Thai citizens. The company hints at securing multiple high-value projects worth several billion baht.” Ms. Benyapa Chalermwat, CEO of Pro Inside Public Company Limited (PIS), a leading end-to-end ICT solutions provider, revealed that the company achieved outstanding financial results in 2024 (ending December 31, 2024). Total revenue reached 1,472 million baht, marking a 37% increase from the previous year’s 1,077 million baht—a new record high. The company also reported a net profit of 103 million baht, driven by the gradual revenue recognition from its robust backlog of over 3 billion baht. This strong momentum is expected to fuel exponential growth over the next 1–3 years, delivering substantial returns to shareholders. “The significant growth in 2024 stemmed from the gradual revenue recognition of government and state enterprise projects, with a clear uptrend starting in Q4/2024. This was fueled by the acceleration of budget disbursements for both the 2024 and 2025 fiscal years, leading to new project tenders in line with the government’s mega ICT investment plans—ultimately benefiting PIS.” PIS successfully secured two new projects in collaboration with partners through consortium in late 2024 and early 2025. The first, with PTNPI, involves the maintenance of a ready-made software system for the core business and integration of related systems, valued at 1,504.42 million baht. The second, through the SP Consortium, is a cloud-based system procurement project for Thailand’s national public health sector, in partnership with National Telecommunications Public Company Limited (NT), valued at 992 million baht. Ms. Benyapa, the CEO further emphasized that the company’s 2025 operational plan will continue to focus on bidding for ICT projects with the government and state enterprise, areas where PIS has established a strong leadership position as a full-service ICT solutions provider. With a team of skilled professionals who bring extensive experience, PIS has earned the trust of key government agencies, including the Ministry of Education, the Ministry of Public Health, and others that are continuously expanding their investment and launching new projects aimed at enhancing the quality of life for Thai citizens through technology. This ongoing investment in government projects opens further opportunities for PIS. Additionally, the recent IPO and the influx of funds from the share sale have significantly strengthened the company’s capabilities to pursue large-scale government contracts, particularly those valued at over a billion baht. PIS is actively preparing and bidding for several such projects, while the CEO is confident that this will drive revenue growth of more than 15% in 2025, continuing the trend of setting new record highs. PRO INSIDE Public Company Limited (PIS) is a leader in the ICT solutions business, offering comprehensive services in consulting, designing, developing, and installing security systems as well as IT and communication technologies. PIS is a subsidiary of Sky ICT Public Company Limited (SKY) or Sky Group.
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