EPG’s confident of >Bt9b revenue this year, sees windfall from Biden’s latest infra spending plans.

Comment: No, no, no. It’s a margin game for this company, half of it are auto’s (ok fine a recovery) but a “high oil price” is awful for their margins.

HANA expects revenue this year to be close to 2019 pre-covid level on higher demand from 5G and EV, while seeing no impact from global chip shortage, sets Bt2.2-2.5b capex to renovate plants and install new machineries.

RS to enter hemp-related business, focusing on health products, and to launch premium collagen supplements, dipeptide and tripeptide, mulls revising up revenue target from current Bt5.7b.

Comment: RS is the perfect example of a Thai company shifting business models and demonstrates the culture of being a trader that is predominate here in Thailand. Why don’t CP/Thbev/Singh etc etc shift business models? Easy, concessions & licenses.

SPA to reopen all of its 8 Phuket branches on July 1, after Phuket was approved as a pilot project to allow vaccinated visitors in without quarantine.

Comment: And they’ll lap up the market as the # of competitors is probably -50%

TMILL sees >5% sale growth this year, runs on 80% capacity, mulls more investment in automated system.

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