ADB in talk partner to expand bio plastic business, seeks to branch out from PVC compound sales to industrial clients to packaging producers, eyes 35-40% revenue growth next year >Bt2b.
CPN to open Central Village luxury outlet phase 2 on Jan 28,22, expects more traffic from new category, Pet N Me, Xiaomi, Beautrium, golf & running brands will be introduce their outlet stores.
Comment: Creating destinations in the middle of nowhere, fantastically done by Central Village.
EE secures hemp plantation license, to start 30K plants in 1st phase, cultivation in 2-3 months and revenue to be realized in 2Q22.
Comment: Get ready for a hemp 2.0 play next year.
GFPT expects big jump next year from larger chicken processing capacity yoy at 450k/d from new slaughter plant, sees chicken price remain strong thru FY22 from healthy demand for foods, aims to boost market share in Japan & EU, expand China market.
Comment: Question mark on the margins due to raw mat prices. But a big jump in revenue is a certainty.
NER sets Bt28b rev and 500K tons rubber sales target for next year, sets Bt240m capex, of which Bt100m for solar energy, Bt40m for robot to help with productions, and Bt100m for R&D.
OR signs MOU with Port Authority of Thailand to install solar looftop at 26,450 sqm BKK Port to produce 3.149 MW.
RATCH to tender for 49% stake in SCG on Dec 22 at Bt5.75, as part of plan to boost capacity to 10K MW by 2025.
SAT’s on track to meet 30% revenue growth target this year, easing chip shortage and covid to help achieve solid growth next year.
Comment: Which implies returning to 2017 revenue levels.
TOP sees earnings trough FY21, expects meaningful turnaround next year from wider GRM, full year recognition of equity income from PT Chandra Asri Petrochemical Tbk.
F&B United, a venture co of ThaiBev and TU, launches concentrated tuna soup, Oishi Zea Essence, target health conscious consumers, sees opportunity in this market as only chicken & birdnest on offering.
Comment: Yeah, no. Bird’s Nest dominates the market as a corporate gift and as gifts for the elderly.