BTS BTS reports 2QFY18 net profit of Bt741.5mn, growing 19%, with revenue of Bt2.98bn, rising 55%, as it received revenue from system installation for the North-South sky train and passenger numbers made a new high. (Khao Hoon, 15/11/17) CHO CHO reported 3Q17 revenue of Bt606.66mn, growing 133.21%, with a net profit of Bt14.69mn, rising by […]
Read More →AMATA AMATA will use 8,000 rai to develop “Smart city”, partnering with SAAB from Sweden. It plans to start the investment in early 2018 and establish a joint venture company for aircraft parts production and aviation practice center. It also believes 2017 land sales will reach 1,000 rai. (Thun Hoon, 6/10/17) Comment: Its interesting that […]
Read More →AIA AIA has increased its potential to be a leader in insurance market in Australia and New Zealand via an acquisition and 20-year partnership to sell insurance through banks. It expects this will add significant value to its business and create substantial growth in both revenue and earnings. (Thun Hoon, 2/10/17) ANAN ANAN reports that […]
Read More →AOT AOT will start the bidding for improvement and management of commercial area. It expects 2018 passengers to grow by at least 5% and for revenue to grow by 10%. The board has already approved a 5-year retroactive land payment to the Treasury Department of no more than Bt1.4bn and a 2018 payment of Bt900mn. […]
Read More →BANPU BANPU bought 25.7% of Sunseap Group Pte Ltd. (Sunseap), a leader in green energy full service provider in Singapore, for Bt1.86bn, as it plans to grow its overseas energy business and become a leader in the energy business. It expects to have additional electricity production capacity of 47 MW . (Thun Hoon, 20/9/17) Comment: […]
Read More →AH AH continues to search for domestic and international partners to expand its auto parts business. It plans to sell some portions of its current business to SGAH. It remains confident in this year’s revenue growth target of 5%. (Thun Hoon, 29/8/17) Comment: An interview with AH coming soon… BTS BTS plans to raise fares […]
Read More →AGE AGE expects 2Q17 to be strong from robust coal demand both domestic and overseas. The company has more than 300K tons of orders. Its strategy is to diversify risk and put more emphasis on sea logistics with eight coal transport ships in its current arsenal. (Thun Hoon, 15/6/17) ANAN ANAN expects 2Q17 revenue to […]
Read More →BEAUTY BEAUTY expects 2Q17 performance to improve QoQ and for profit in 2017 to grow 20% YoY from new branch openings. SEC announced that KASSET reduced its ownership by 0.33% to 4.72%. (Kao Hoon, 12/6/17) CHO CHO will sign with BMTA for its e-Ticket bidding project worth Bt1.67bn. The first 800 buses will roll out […]
Read More →AH AH will invest Bt3.52bn to take 25% of Sakthi Global Auto Holdings Limited (SGAH). Funding will come from US$25mn in cash and US$75mn in loans from financial institutions. After the purchase, SGAH will undergo restructuring. (Kao Hoon 26/05/17) Comment: I hope that it won’t be a mess of an acquisition like the KPN purchase […]
Read More →AKR AKR expects performance to be good on the back of a Bt400mn EGAT project and Bt157mn MEA project. It plans to take part in upcoming bids and government unit solar farm phase 2. It plans distribute solar cells for warehouses with a value of Bt2bn. It expects 2017 revenue to grow 50%. (Thun Hoon, […]
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