Itthirit Nice Corporation Public Company Limited
1.19
THB
-0.01
(-0.83%)
Itthirit Nice Corporation Public Company Limited
SET:ITTHI
(Stock Exchange of Thailand)
Recent
price
1.19
P/E
ratio
21.30
div
yld
8.41%
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.- Similar Companies
- Business
- Itthirit Nice Corporation Public Company Limited is a Thailand-based provider of comprehensive lighting solutions, electrical equipment, and renewable energy systems. Founded in 2011 and headquartered in Bangkok, Thailand, the company specializes in the sourcing, distribution, design, and turnkey installation of residential, commercial, industrial, and municipal illumination products. Operating primarily throughout Thailand, the company serves a diversified client base comprising real estate developers, construction contractors, commercial enterprises, retail consumers, and governmental agencies. The company operates through two core business segments: Product Distribution and Engineering, Procurement, and Construction (EPC) Services. Its product portfolio encompasses a comprehensive selection of lighting fixtures and electrical supplies, distributed under its proprietary brand LIGHTTRIO as well as authorized OEM and third-party brands. The company's product and service offerings include indoor lighting systems such as LED bulbs, downlights, spotlights, ceiling lamps, recessed fixtures, track lights, linear luminaires, and architectural decorative fixtures; outdoor and landscape lighting fixtures such as floodlights, industrial high-bay lamps, waterproof luminaires, garden fixtures, bollards, and exterior wall fixtures; smart lighting and automated control systems comprising IoT-enabled lighting controls, smart home automation modules, motion sensors, and dimming control units; municipal and smart city infrastructure products including intelligent street lighting systems and multi-function smart poles integrated with telecommunication and environmental monitoring equipment; and renewable energy hardware such as solar rooftop panels, solar street lamps, inverters, and battery storage units. In addition, the company provides specialized architectural lighting design; electrical engineering and system installation; project management and maintenance; and energy-efficiency retrofitting services. In recent developments, Itthirit Nice Corporation has undertaken significant strategic initiatives to expand its operational footprint and diversify into high-growth clean energy and smart infrastructure sectors. Following its public listing on the Market for Alternative Investment (mai) under the ticker symbol ITTHI, the company allocated capital toward scaling its central distribution center and upgrading inventory management systems to enhance nationwide fulfillment capabilities. Over the past one to two years, the company has accelerated the expansion of its EPC business segment, focusing on commercial and industrial solar rooftop installations to address rising corporate demand for renewable energy and decarbonization solutions. In addition, the company has entered into strategic partnerships with technology suppliers and infrastructure contractors to deliver integrated smart street lighting and smart pole projects for municipal development initiatives across Thailand.