Singer Thailand Public Company (SINGER) Stock Overview

Singer Thailand Public Company Limited distributes household electrical and commercial appliances in Thailand. The company operates through three segments: Trade sales, Hire purchase and loans, and Service and Others. It offers household electrical appliances, such as sewing machines, sewing needles, general lubricating oils in drip bottles, and scissors; refrigerators, washing machines, gas stoves, and air conditioners; and audio and video products, including flat screen LED TVs, digital set-top boxes, and home theatre systems. The company also provides commercial appliances comprising freezers, beverage coolers, wine coolers cabinets, ice cream and bakery freezers, and slush ice machines; airtime, petrol, and drinking water vending machines; and agricultural equipment, such as water pumps, portable fertilizer spraying machines, and rice milling machines. In addition, the company engages in the life and non-life insurance brokerage business; hire purchase of home appliances, sewing machines, commercial products, mobile phones, and vehicles, as well as loan receivables with vehicle collateral and others; and repair and maintenance service of electrical appliances. Further, it provides debt collection services to a related company; and personal loans. The company sells its products under the Singer brand name through a network of branch outlets and sales representatives, as well as through debt collectors in Thailand. The company was founded in 1889 and is headquartered in Bangkok, Thailand.