SICT Hits the Ceiling Again as Investors Show High Interest in the Tech Company

The share price of Silicon Craft Technology Public Company Limited (SICT) hit the ceiling for the second day after reaching 200% of gain on its first trading day yesterday.

 

SICT debuted its first trading day in mai on July 30, 2020, at an IPO price of ฿1.38/share and closed the day at ฿4.14/share, increased 200%. The share closed its morning session on July 31, 2020, by hitting the ceiling at ฿4.76/share, increased ฿0.62/share or 14.98%.

 

SICT reported a soaring profit in 1Q20 at 15.5 million baht, increased 553% from a net profit of 2.3 million baht in 1Q19.

The company does research, development of microchips as a fabless company under “SIC” trademark. SICT’s products are divided into 3 main groups, 1) Microchip for Immobilizer; 2) Microchip for Animal Tag; and 3) Microchip for Access Control and Interrogator.