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World Flex PCL WFX.BK · THB

Materials · SET · 🇹🇭 Thailand

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1.04

-0.95%

Close of 9 Nov 2026, in THB

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About World Flex PCL

Its shares trade on SET under the ticker WFX.BK. It has been listed since 23 December 2021. In the fiscal year to 31 December 2025, it reported revenue of THB 2.14bn and a net loss of THB 87.0m. At that date it held total assets of THB 2.26bn and shareholders' equity of THB 1.73bn.

World Flex Public Co. Ltd. produces and distributes rubber thread. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2021-12-23. The firm is a manufacturer and exporter of natural latex round rubber threads. Its products include rubber threads coated with talcum and rubber threads coated with polymer. Its products are made from latex with no synthetic rubber. Its rubber threads products come in different types, sizes, and colors for its customers. The Company’s rubber threads are suitable product line ranges from rubber threads to produce socks, stocking, trouser bands, lingerie to all kinds of the rubber bands, used for the textile industry and all related industries. Its product applications include sock tops, panty hose tops, orthopedic knit socking’s, hosiery, light ribbons, alimentary netting, medical nettings, loom fabrics - warp and woof, raschel fabrics, braids, laces, cords, and belts for furniture. Its factory is in the province of Rayong on the Eastern Seaboard.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Chemicals
Listed since
23 Dec 2021
Employees
853

Leadership

Pay as last reported

  • Mr. Bunyong VisatemongkolchaiNon-Executive Independent Chairman of the BoardTHB 255,000
  • Mr. Chawalit TiyadechachaiChief Executive Officer, Executive Director, since 2021THB 180,000
  • Ms. Kittiya PliksangChief Financial Officer
  • Mr. Nat VongsasuttikulManaging Director, Assistant Managing Director - Factory Line, Executive Director, since 2013THB 180,000
  • Ms. Uthairat ChatuphatthararatAssistant Managing Director - General Management Line, Executive Director, Company Secretary
  • Mr. Worapol PhimukphakdeeAssistant Managing Director - Business Support Line, Executive Director
  • Mr. Prakit WaraprateepNon-Executive DirectorTHB 170,000
  • Ms. Chalongkwan WongsasuthikulNon-Executive DirectorTHB 180,000
  • Mr. Kowit WongsasuthikulNon-Executive DirectorTHB 180,000
  • Mr. Yarnsak ManomaipiboonNon-Executive Independent Director
  • Mr. Surapong RongsirikulNon-Executive Independent DirectorTHB 232,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • World Flex PCL produces natural latex rubber threads without synthetic rubber for textile industry applications.
  • The company's rubber threads come in various types, sizes, and colors for diverse customer needs.
  • Factory located in Rayong province on Eastern Seaboard supports efficient production and export capabilities.

Weaknesses

  • Company has only 853 employees, which may limit operational scale and innovation capacity.
  • IPO listing date on 23 December 2021 indicates relatively recent market entry.
  • Products are limited to rubber threads without synthetic rubber, restricting market versatility.

Opportunities

  • Growing demand for natural latex products in medical netting and hosiery sectors.
  • Expansion potential in Eastern Seaboard region with Rayong factory location.
  • Increasing applications in orthopedic knit socking and textile industry segments.

Threats

  • Competition from synthetic rubber thread manufacturers in global markets.
  • Dependence on natural latex supply chain affecting production consistency.
  • Potential regulatory changes in chemical industry affecting rubber thread production.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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