AKR branches out from power transformer business to solar rooftop turnkey contractor, Bt450m backlog to realize this year, maintaining Bt1.6b full year revenue target. Comment: The numbers make sense for this solar business as the owner i.e. factories etc, payback period is fast, hence why one shouldn’t be surprised to see GFPT maintained 7.7k tons […]

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BEM to test run blue line MRT extension, Hua-Lampong-Lak Song, 27 km 11 stations from Aug 12, target cod from September. BJC reaffirms 2 digits revenue growth this year from BIGC hypermarket expansion, target full year SSSG above 2%, in talk clients to secure can packaging order, expects to wrap up 2H. EPG’s firm on […]

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ABM ABM expects to boost earnings after a loss in 1H18. Management says sales volume has reached target of 280k tons. Sales volume of Wood Palace factory was 60K tons in 1H18. It has budgeted Bt70mn to build 5K tons production capacity. It expects sales volume will peak in 2020. (Thun Hoon, 1/10/18) ADVANC, JMART […]

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