AI signs substation projects for Provincial Electricity Authority worth Bt 348m.
COM7 raised FY21 revenue growth target to 20% from 10% earlier, after reporting 97% yoy growth in 1Q21, keeps plan to have 1,000 branches by end of year.
Comment: Just astounding figures.
MTC mulls raising loan growth target this year from 20-25% earlier projection, after 17.35% growth in 1Q21, a solid momentum heading into seasonal high 2Q21.
Comment: If NPLs weren’t a convince they would probably grow 2x this year (same applies to all the other non-bank fincos)
ORI to purge Bt5b inventory from 4 ready-to-move in projects in 2Q, maintaining launch plan 3 projects total Bt4.2b, expects more stable earnings this year after branching out to healthcare, logistic, distressed debt management and backlog.
Comment: One thing that people don’t realise is that most of these projects have pre-sold/transfer to a % where the developer will sell the rest in bulk to investors at cost.
PLANB sets Bt1b capex to expand digital display in 7-11, targets 2k branches coverage by end of year.
RT sees 2Q21 growth on track, supported by Bt7b backlog, boosting revenue growth this year to 20%.