AJD AJD maintains triple revenue growth in 2014. It is confident it will be in the black in 2Q14 with higher revenue supported by seasonality. It will book revenue from set top box sales in 3Q14 and is aiming to do a joint venture with a Chinese company to access the game market this quarter. […]
Read More →BAFS BAFS maintains revenue growth of 10% in 2014, even though it has reduced volume growth of refueling services to 4.5% YoY from 5% YoY after raising refueling services fee. It will invest in the fuel pipeline for Phase 2 of Suvarnabhumi and will conclude its investment plan in Myanmar and fuel pipeline project in […]
Read More →ADVANC AIS says 3G network covers 95% – Advanced Info Service (AIS), the country’s largest mobile operator, says it completed nationwide deployment of its third-generation (3G) network two years ahead of the deadline set by the national regulator. Average revenue per 3G user is 20-30% higher than a 2G customer. AIS expects 75% of its […]
Read More →ADVANC ADVANC reports 1Q14 net profit of Bt9.48bn, -4.5% QoQ, because revenue decreased while amortization expense increased. It has now 26mn 3G subscribers. (Khao Hoon, 07/05/14) AOT Minimal impact from earthquake at Chiang Rai Airport — AOT says there was little damage to the Chiang Rai airport from the earthquake and operations are normal. The […]
Read More →CPN CPN will invest more than Bt50mn in digital platform and release a new CentralWorld App targeted at the new generation. CPN hopes the new app will help push sales up in 2Q and 3Q. (Khao Hoon, 04/04/14) DELTA DELTA to focus on the ASEAN market. It says performance in 1Q14 was very good, with […]
Read More →AP AP taps Japanese know-how, designs – Mitsubishi Estate Group (MEC), Japan’s biggest property developer, is looking to expand its property investment in Thailand after injecting Bt2.5bn this year through three joint venture condo projects with SET-listed developer AP. MEA signed the joint venture deal with AP in December, starting with three new condo projects […]
Read More →BCP BCP expects fall in profit in 1H14 because it plans to shut its refinery for 45 days, reducing capacity to 95K barrels. Revenue from solar farms will bring EBITDA to Bt9.6bn, stable YoY. (Bangkokbiz, 13/2/14) Comment: A potential trading opportunity if anything BIGC DPS Bt2.55 — BIGC will pay a dividend Bt2.55, XD on […]
Read More →CK To issue debentures — CK will issue debentures worth Bt3bn this month and has appointed KTB as its underwriter. TRIS rates CK’s new unsecured bonds at “BBB+â€. (The Nation, 07/02/14) DTAC TAC TriNet allowed to launch 4G LTE service – Telecom committee of the National Broadcasting and Telecommunications Commission (NBTC) on Wednesday approved DTAC […]
Read More →AGE Subsidiary investing in two power plants —AGE is having subsidiary AGE Power Holdinginvest in two power plants. The first is in Sukhothai with 3 MW. The other is in Phichit with9.9MW. It expects coal sales grow to 4 million tons. (Khao Hoon, 30/1/14) Comment: Now the forecast has increased to 4mil tonnes from 3mil […]
Read More →ARROW ARROW continues to grow in high season 4Q13 — ARROW says that clients are making many orders. It expects 2013 revenue growth of 13-15% YoY, below its earlier target at 20% YoY and is also building a new factory. (Khao Hoon, 12/12/13) BTS 8% YoY growth in passengers this year — BTS expects passenger […]
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