Gunkul Engineering Plc is one of Thailand’s top producers and traders of electrical equipment and has expanded into electric power production, mainly from renewable energy, both solar and wind. Chief executive officer Sopacha Dhumrongpiyawut discusses the company’s strategy and outlook. What is Gunkul’s business model? Gunkul is a one-stop provider for renewable power plants and […]
Read More →ADVANC ADVANC expects revenues this year to grow by 6-8%. It plans to invest Bt40bn to expand its 3G network and bid for the 1800 MHz license in August. (Khao Hoon, 15/05/14) AI AI expects 2Q14 to continue growing strongly, supported by continual growth in revenue sharing from AIE. It targets biodiesel production to increase […]
Read More →EFORL EFORL reported 1Q14 net profit of Bt46mn with revenue of Bt203mn, up from last year, supported by import business and continual growth in sales of medical supplies and equipment. It says revenues this year will reach its target of Bt1.5-2.0bn. (Khao Hoon, 09/05/14) GUNKUL GUNKUL expects revenue to grow by 50% YoY and net […]
Read More →AAV Thai AirAsia X to take to the skies in June – Thai AirAsia X, Thailand’s first long-haul low-cost airline, will take to the skies about two months from now despite the tourism market being dragged down by the country’s political turmoil. After putting off the launch previously planned for the first quarter, Thai AirAsia […]
Read More →ANAN Ananda scales back condo advertising – The SET-listed Ananda Development Plc (ANAN) has capped spending on marketing and advertising at 2.5% of sales, down from 4% last year, as the political turmoil looks set to dampen condo-buying sentiment throughout 2014. (Bangkok Post, 11/04/14) Comment: The pullback in advertising has been throughout all of Bangkok, […]
Read More →AOT Management expects 2014 passenger growth of 7.35%, down from prior estimate of 10%due to the slowed economy, political situation and lower Chinese tourism.(Khao Sod, 08/04/14) Comment: This silly country will still continue to perform well regardless of all the rubbish it creates for itself. GUNKUL GUNKUL continues to install solar rooftop after bidding for […]
Read More →AAV Thai AirAsia to begin major push to lure back tourists – Thai AirAsia is preparing to work with the AirAsia network regionally to promote Thailand more aggressively to revive a stable flow of foreign tourists into the Kingdom after it was hit by prolonged political turmoil, while in the process meeting its cabin-factor projection […]
Read More →BJCHI Roadshow end-Feb — BJCHI is preparing for a roadshow for big local institutional investors on 27-28 February 2014, after they expressed interest in its overseas business. It expects to get a project of Bt2bn in Australia. Its current backlog is Bt5bn with gross margin of 40%. It will pay a DPS of Bt2.2. (Khao […]
Read More →CGD CGD going ahead with its 36 rai Landmark Waterfront project located close to the Chaopraya river. It is ready to open the showroom for this luxury condominium after the go-ahead from Exim Bank, which has approved a loan for the Bt15bn project. CGD will use Beijing Construction Engineering Group as contractor. (Khao Hoon, 18/02/14) […]
Read More →AP Cuts forecast on politics — AP has cut this year’s forecast as the political demonstrations have hurt sales. Revenue target now stand at Bt19bn from Bt20bn, with presales forecast at Bt18bn from the previous forecast of Bt22bn. (Khao Hoon, 20/12/13) Comment: Nope, their numbers were going to be poor anyways GUNKUL Expects good 4Q13 […]
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