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Trades about 26% below its sector, cheaper than its peers on earnings.
Peerapat Technology Public Company Limited, established in Bangkok in 1988, is a leading Thai enterprise specializing in the research, development, manufacturing, and distribution of cleaning chemicals under its PEERAPAT brand. The company's extensive chemical portfolio includes: Laundry Solutions: A comprehensive range of products such as powdered and liquid detergents, bleaches, alkali builders, degreasers, water conditioners, and fabric softeners. Industrial & General Cleaning: Formulations like foam and clean-in-place (CIP) products, disinfectants, lubricants, and various general-purpose cleaners. Kitchen Hygiene: Essential supplies including dishwashing liquids and drying agents. Floor Maintenance: Specialized cleaners for diverse floor types (general, kitchen, bathroom), sanitizers, and related cleaning machinery and equipment. Beyond its own chemical production, Peerapat Technology also acts as a key distributor. It imports and supplies STEWARD brand automatic container washing machines along with their corresponding chemicals. The company distributes household products via online channels under the Solvable Gang brand and offers Magiline brand swimming pool chemicals and equipment, additionally undertaking the construction and installation of both concrete and prefabricated swimming pools. Furthermore, it provides energy-efficient water heaters tailored for the hospitality sector, serving hotels, resorts, hospitals, and restaurants. The company offers a diverse array of services, including contract manufacturing for cleaning agents, managing food courts and cafeterias, and renting automatic container washers. It provides complete swimming pool services, from initial design and installation to ongoing maintenance. Peerapat Technology also handles the setup and repair of automatic container washing machines, furnishes cleaning equipment systems for various food and beverage industries, and delivers specialized laundry and cleaning services specifically for food and beverage production facilities. Originally known as Peerapat Chemical Industry Company Limited, the firm rebranded to Peerapat Technology Public Company Limited in August 2008.
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