BEAUTY targets 2018 revenue growth of 20% from 2017 to Bt3.1bn. It also plans to further expand its business overseas, with plans finalized by the beginning of 2018. It reports 3Q17 earnings of Bt348.20mn, growing by 65.61%, on higher sales and margin. (Thun Hoon, 14/11/17)
Comment: Just astounding #’s
FSMART reports 9M17 earnings of Bt420mn, growing by 50%. It says that earnings will continue to make new highs next year and targets total top-ups to grow by 20-25%. It has also budgeted Bt700mn to add 24,000 top up machines. (Thun Hoon, 14/11/17)
Comment: No surprises here, the fear for this company now is that their capex/machine will increase and the CF’s won’t be as attractive as in the past .
LIT reports 3Q17 earnings growth of 46.10% YoY and believes 2017 loans, revenue and earnings will be the highest since listing. (Thun Hoon, 14/11/17)
MALEE plans to launch new healthy drink products for export in the beginning of 2018 to increase revenue. It is going to run its new machines in 4Q17, which will increase its production capacity to 330mn liters per year and lift total sales to grow by 5% this year. It expects revenue to increase significantly in 2018 . (Thun Hoon, 14/11/17)
Comment: Ambitious plans set for 2018, this will be one to watch
ORI reports 9M17 earnings of Bt1bn, growing by 202% with revenue of Bt4.014bn after booking presales as revenue. It will launch new project in 4Q17 to further raise presales, and plans to launch a big project worth Bt4bn next year. (Thun Hoon, 14/11/17)
Comment: Boom! Booking presales as revenue?
PSH is going to launch a new SDH and TH project worth Bt5.5bn in 2018. It plans to expand to EEC area to expand its customer base. It reports 3Q17 earnings of Bt1.29bn. (Thun Hoon, 14/11/17)
SIRI has budgeted Bt2.8bn to invest in six well-known international brands in order to strengthen its business. It expects net margin to increase to 10% in 2018 from 8% in 2017, as it will have better control over cost and get benefit from partnerships. It plans to launch three new projects in 4Q17 and raise presales to exceed the target of Bt40bn. (Thun Hoon, 14/11/17)
TOP reports 3Q17 earnings of Bt7.605bn, growing by 158% from an increase in oil price and stock gain which led GIM to exceed US$12. It believes oil price will continue to increase in 4Q17 as OPEC renews its agreement to reduce production capacity. (Khao Hoon, 14/11/17)
WICE believes 2017 revenue will grow by 30%, as it is expanding logistics services at home and abroad to cover the entire ASEAN region. It is partnering with JWD to increase its customer base in Hong Kong and China and it increase work in all type of services. (Thun Hoon, 14/11/17)