AWC inked deal Zhejiang China Commodities City Group (CCC Group) to expand wholesales AEC trade center, solution service center for EXIM operators & ecommerce merchants, bulk purchase, group purchase & multi level procurement.

Comment: Well there you go, they are happy for Thailand to be a net importer from China. This is going to kill local businesses. But great move by AWC.

BCPG in jv with Xiamen Ampace Tech to sell batteries, amid rising demand from households and electric motorcycle drivers, to set up battery manufacturing plants to serve TH and SEA.

BEC anticipates meaningful turnaround FY23 on improved revenue mixed after scale back contribution from TV and increased revenue from digital revenue, global content licensing, BEC STUDIO content production & collaboration with MPIC.

Comment: They’re a fraction of what they used to be. And can’t compete beyond being a local producer, and with more creative folks starting their own shops, I don’t see the collab working.

BTS said no irregularities in the BTS Green Line contract, as it was approved by the Council of State.
Comment: On paper, nothing. In reality of course there were kickbacks, what company hasn’t had to in this country?

CRC sets 15% revenue growth target this year to Bt270b, on solid recovery in 2M23 in 3 countries, keeps 28% SG&A.

Comment: All this news about a recession? I don’t think we see it in most of Asia. Why? This region didn’t get the support that the US and Western Europe, no sugar high to be weened off.

EKH sees 2M23 IPD occ >80% driven by improving OPD-IPD traffic, higher contribution from IVF clinic supported by China reopening, sets Bt 260m capex to add 60 beds & revamp fascilities, mulls expand hospitals upcountry.

Comment: Not just China, Indians will be using these IVF facilities as well.

EP qualified technical qualifications for 8 renewable projects combined 61.625mw, expects to secure PPA from authority upcoming announcement in April.

Comment: Who are these guys?

ESSO board approved only Bt0.30 dividend, instead of the proposed Bt1.00, XD May 2.

GTB expects positive earnings momentum continued FY23 supported by Bt621.32m outstanding backlog pending to supply to industrial clients, to expand downstream from boiler & burner to alternative power & clean energy.

ITC: signed exclusive contract with Chinese petcare partner, Nanjing Jiabei PetCare pdts, to distribute Bellotta, Marvo and ChangeTer pet foods in China, supply OEM products.
ITC sets 15% revenue growth target this year, from Bt21.4b last year, GPM at 25%, sets 3-year sale revenue growth in China at 38.5% p.a., mulls jv with Chinese partner to penetrate both on and offline.

Comment: Think that the industry looks interesting, a question is whether the growth seen due to lockdowns and more pets @ home will continue.

HMPRO sets FY23 capex at Bt7-8b to add 10 branches, expand house brand products portfolio, market penetration into VN market & online marketplace.

Comment: Just constantly performing well.

PRAPAT upbeats FY earnings from strong sanitary chemical orders thanks to recovery demand from hospitality sector on increased international arrivals, eyes 15% revenue growth target.

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