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Sun Vending Technology Public Company Limited, headquartered in Bangkok, Thailand, is the country’s largest operator and service provider of automated vending solutions. Listed on the Stock Exchange of Thailand (SET), Sun Vending is known for its innovation in vending technology, broad national footprint, and diversified revenue model across machine leasing, sales, and automated retail services.

Company Overview

Established in 2004, Sun Vending Technology PCL (SVT) has revolutionized the vending machine industry in Thailand by introducing smart vending systems integrated with cashless payments, inventory tracking, and data analytics. The company operates under the flagship brand SUNVENDING, which is synonymous with convenience, reliability, and service excellence in Thailand’s B2B and B2C vending segments.

Core Business

Sun Vending Technology offers:

• Vending Machines:

  • Can & Bottle Vending Machines
  • Glass Front (Snack & Drink) Vending Machines
  • Hot & Cold Cup Vending Machines
  • Instant Cup Noodle Vending Machines

• Operational Services:

  • Vending Machine Installation & Maintenance
  • Machine Rental for Offices, Factories, Public Venues
  • Product Replenishment & Inventory Services
  • Advertising Media Space on Machines

• Product Distribution:

  • Beverages (water, juices, soft drinks)
  • Packaged Snacks and Instant Foods
  • Ready-to-Eat Meals
  • Daily-use Consumer Goods

Product Specialization and USP

Sun Vending’s key strengths include:

• Over 18,000 machines installed nationwide (as of FY 2023)
• Smart Vending Technology: Real-time data tracking, automated stock replenishment, and mobile payment compatibility (QR Code, PromptPay, e-wallets)
• Customized Solutions: Tailored machine setup for offices, hospitals, schools, transit hubs, and residential areas
• Advertising Platform: LCD-enabled machines offer brand engagement for FMCG clients

Their vending machines are designed for energy efficiency, high-volume dispensing, and multi-temperature zones, catering to both chilled and hot products.

Financial Strength

As a publicly traded firm:

• Total Revenue (2023): THB 2.56 billion (~USD 73 million)
• Net Profit (2023): THB 287 million (~USD 8.1 million)
• EBITDA Margin: ~18%
• Revenue Breakdown:
  • Product Sales via Vending Machines: 92%
  • Rental, Installation & Advertising: 8%

The company maintains consistent profitability with a strong balance sheet and expanding machine base.

Deployment & Operational Data

• Total Vending Machines: 18,600+ units nationwide
• Monthly Active Users: 2.1 million
• Replenishment Cycles: 3.8 times/week/machine
• Payment Penetration: 54% of transactions via cashless methods
• Distribution Areas: Bangkok, Eastern Seaboard, Chiang Mai, Khon Kaen, Hat Yai

Sun Vending also partners with corporate offices, hospitals, educational institutions, and transport terminals to offer 24/7 automated retail convenience.

Target Markets

Sun Vending targets:

• Corporate Offices and Business Parks
• Educational Campuses
• Transit Stations and Airports
• Hospital and Healthcare Facilities
• Condominiums and Residential Blocks
• Event and Exhibition Venues

Its rapid expansion into mixed-use commercial zones has significantly enhanced retail penetration.

Capabilities

• Vending Machine Import & Assembly: In-house technical support
• Logistics Network: 12+ regional service hubs for restocking and repairs
• Cashless Payment Gateway Integration
• Real-Time Inventory Software (IoT-based)
• Data Analytics Platform for Sales Optimization

This ensures machine uptime of over 98% and efficient route management.

Certifications and Compliance

• ISO 9001:2015 Quality Management System
• Thailand Digital Economy Certification (for Smart Tech Integration)
• FDA Compliance for Food Storage & Dispensing

These standards assure clients and partners of product safety, uptime reliability, and service quality.

Customer Testimonials

“SVT is our preferred vending partner for all our factory sites. Their machines are modern, low maintenance, and restocked regularly.”
— Somchai N., HR Director, Thai Manufacturing Group

“The advertising campaigns we’ve run on SUNVENDING screens boosted our brand visibility in high-traffic zones.”
— Araya T., Brand Manager, FMCG Company

Major Achievements

• Listed on SET in 2021 with strong investor demand
• Expanded machine network by 15% in FY 2023
• Awarded Thailand Innovation SME Award (2022)
• Launched cloud-based SVT Refill Management App
• Signed partnerships with over 30 FMCG brands for exclusive distribution

Sun Vending Technology Public Company Limited exemplifies the convergence of retail, automation, and technology—delivering seamless, cashless, and convenient product access across Thailand’s urban and commercial landscape.