AH sees 40% drop in revenue this year, with net loss expected in 2Q, aims to cut costs by 50%. Comment: Well…looks like their expansion plans are all on hold BCH sees solid growth in 2Q20 from COVID related revenue and from 5% growth in social security patients to 900K, keeps plan to build 3 […]
Read More →AH’s confident of profitability this year, on lack of provision and impairment loss, sees solid 1Q with limited impact from covid-19. Comment: Funny things in their accounts AOT reports 9,797 flights cancellation in March, passengers drops by 3m yoy, expects more in 2Q from more lockdown measures worldwide. Comment: I still think its the best […]
Read More →AH sets >10% revenue growth target next year after stripping off SAGUSA and oversea sales growth, firm on 10% revenue growth target this year, albeit lower yoy. Comment: Hmmm I wonder acquisitions they will try to pull off next AMATA expects IE land sales momentum carry thru FY20 driven by transfer of backlog at Amata […]
Read More →AH sells shares of JV company in Vietnam, AVAP, to Vinfast trading for Bt377m, will book gains in 3Q. Comment: From talks with folks in Vietnam, this is because Vinfast is slow with the roll out and difficult with negotiations. Most likely a prudent move made by AH. DEMCO sees strong 2H upon realizing Bt1.13b […]
Read More →AH sees better 2H frm higher auto-parts sales and consolidation of SGAH, boosting overall rev grwth to >10% t/g.Comment: That story is over and played out, the global automotive industry is struggling. BBL said its plan to cut deposit rates won’t hurt performance, firms on 3-4% loan grwth this yr, trades Bt2 XD Sept 4.Comment: […]
Read More →AH AH upbeat 1H earnings from delivery of auto parts to clients, expects full year exports sales +10% yoy, eyes 5% revenue growth target. Comment: The profit growth is > than revenue but that’s due to their odd deal structure in India BGRIM BGRIM raised holding in subsidiary, Bgrim Solar Power Rooftop, to Bt251m from […]
Read More →AH AH maintains its revenue growth target at 3-5% this year, supported by growth in the automotive industry. It expects next year’s revenue to grow because its major customer, Isuzu, will launch a new car model. Its joint venture in Vietnam will launch a new car model in 3Q19. (Kao Hoon, 29/11/18) Comment: There’s a […]
Read More →AH AH expects revenue to grow in line with growth in the automotive industry. 4Q18 revenue is expected to be better, backing its revenue growth target of 5% this year. (Thun Hoon, 27/11/18) KBANK KBANK continues to expand in ASEAN+3. Laos is its potential target. Private sector growth in Laos will help underwrite loan growth. […]
Read More →AH AH expects 2H18 revenue to be outstanding, supported by automotive demand growth. It expects 2018 revenue to reach its target. (Thun Hoon, 27/9/18) AOT AOT is asking for approval of a Bt7bn budget for three investment projects. Nitinai Sirismatthakarn, the President, said the second phase expansion of Suvarnabhumi has progressed and the design contract […]
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 […]
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