Nature of Business
The group of SNC Former Public Company Limited comprises of 14 companies, including SNC. There are 7 subsidiaries held directly by SNC, 2 subsidiaries held by its subsidiary, 2 associated company (has not commenced the operation) and 1 jointly controlled company. At present, the business operation of the Company’s group can be classified in 4 groups as follows:
- Part parts forelectric appliances
- Auto parts forautomobile air conditioner
- OEM OEM forelectric appliances
- Other Other operations such as parts for washing machine, tools made of steel, tungsten carbide
Company
Type of business Part
- SNC Former Public Company Limited (SNC) Branch 2
Direct subsidiaries
- SNC Pyongsan Evolution Company Limited (SPEC)
- Immortal Part Company Limited (IMP)
- SNC Creativity Anthology Company Limited (SCAN)
- SNC Fukui Holy Insulation Company Limited (SFHI)
- SSM Automation Company Limited (SSMA)
Indirect subsidiaries
- Ultimate Part Company Limited (UMP)
- Infinity Part Company Limited (IPC)
Company
Type of business Auto
Direct subsidiaries
- SNC Cooling Supply Company Limited (COOL)
- Paradise Plastic Company Limited (PRD)
Indirect subsidiaries
- Infinity Part Company Limited (IPC)
Jointly-controlled entity
- SSM Automation Company Limited (SSMA)
Company
Type of businessOEM
- SNC Former Public Company Limited (SNC) Branch 4
Indirect subsidiaries
- Ultimate Part Company Limited (UMP)
- SNC Atlantic Heat Pump Company Limited (SAHP)
Associates
- SNC Atlantic Water Heater Asia Company Limited (SAWHA)
Company
Type of businessOther
- SNC Former Public Company Limited (SNC) Branch 2
Direct subsidiaries
- SNC Atlantic Heat Pump Company Limited (SAHP)
- Meisou SNC Precision Company Limited (MSPC)
- SSM Automation Company Limited (SSMA)
Indirect subsidiaries
- Infinity Part Company Limited (IPC)
410 Million baht
Significant change and development
The Company’s revenue in 2015 was equal to 8,140 million baht or 10% increase. Net profit was equal to 410 million baht or 9% increase, the first growth in the last 4 years period. Over the past years, the Company has invested significantly in order to expand its business including formed plastic parts, metal sheet (SSMA), aluminum condenser (SCAN), water heater and parts (SAWHA and SAHP), insulator (SFHI) and mold and plastic parts (MSPC) making the Company’s product line more complete.