ADVANC ADVANC is implementing new upgrades to its “superblock” bandwidth structure, aiming to reinvigorate the country’s largest mobile operator as it faced stagnant subscriber growth the past few years because of a saturated mobile market. It claims the new superblock will help boost service speeds by 30%, while accommodating up to 52 million customers. (Bangkok […]
Read More →ANAN ANAN is confident that revenue will grow by 152%YoY to Bt38bn. Current backlog is Bt54.6bn and Bt23.8bn of this will be booked as revenue this year. It expects 2H18 revenue to grow HoH. (Kao Hoon, 24/9/18) Comment: Part of their plan, and not a surprise given the delay of Ashton Asoke last year. BEM […]
Read More →BCPG BCPG expects 3Q18 earnings to be a record high as it will book extra gain from the sale of a solar farm project. The Bt3bn solar farm project will be sold to a mutual fund in Japan and the deal will be completed in September. (Thun Hoon, 18/9/18) BRR BRR is setting up a […]
Read More →AH AH expects 2018 revenue growth of 5% supported by the uptrend in the automotive industry. It expects to produce 2.08mn cars this year. It has budgeted Bt1.8bn to improve production and purchase robotic machines. (Kao Hoon, 30/8/18) Comment: Still am curious to see how their expansions into India and Vietnam play out. On paper […]
Read More →AOT AOT expects 2018 earnings to be a record high Bt20bn. 10M18 passenger pass-through grew 12%YoY. It proposes adding four airports under its management: Udon Thani, Sakon Nakhorn, Chumphon and Tak. It is waiting for cabinet approval, expected in September. (Thun Hoon, 28/8/18) Comment: What Phuket issue? Ignore the news regarding all this tourism rubbish, […]
Read More →DELTA Delta Taiwan upping holding to alleviate trade war risk. The President of DELTA Taiwan reiterated that the increase of the parent company’s holding in DELTA is being undertaken to reduce the risks arising out of a trade. (Thun Hoon, 7/8/18) Comment: That is the rhetoric from the company…and then the media domestically and internationally […]
Read More →AKR AKR is confident that performance in 2Q18 will turn around with continual negotiation on power supply projects with both the government and private sectors .Backlog value is Bt300mn .The company aims to join the solar rooftop project with Bt500-600mn value and expects to know the outcome by 2H18. (Thun Hoon, 4/6/18) Comment: Ridiculously low […]
Read More →AKR AKR expects 2Q18 to be better than 1Q18 given growing demand of transformers from both government and private entities. It has 2-3 deals worth Bt100mn in the works. It will also bid for 10 solar rooftop projects valued at Bt600mn with results in 2Q18. These will give revenue growth of 20% this year. (Thun […]
Read More →BPP BPP is going to start commercial operation of 96.5 MW in 2018 and believes its operating capacity will reach 2,789MW in 2023. It plans to set a budget for merger and acquisition of power plants, focusing on renewable energy in Asia Pacific. It says capacity of Hongsa power plant is higher than expected. ( […]
Read More →AOT AOT reports FY2017 net profit of Bt20.683bn, growing by 7%, as more low-cost airline passengers led total number of passengers to increase to 129.2mn, growing by 7.73%. However, it incurred a retroactive rental expense of \Bt1.378bn, which affected its margin by 0.2%. (Khao Hoon, 30/11/17) Comment: In the end its monopoly, thats growing, the […]
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