ARROW Revenues to grow 30% this year — ARROW targets revenue growth of 30%, touching Bt1bn, this year and will maintain its net profit margin at 10-12%. The company will focus on cost reductions, increase its exports by 15-20% and also increase its capacity to support the upcoming AEC. This quarter, it also expects to […]
Read More →BANPU Buyback boosts Banpu share price – The SET-listed Banpu Plc, ASEAN’s leading coal miner, announced a Bt6.15bn share buyback plan yesterday, a move that rallied its share price after its net profit dropped last year on weakening coal prices. (Bangkok Post, 22/02/13) Comment: While good on a ST basis, it doesn’t cloud the fact […]
Read More →BTS Surge in profit in 4Q12 — BTS posted a 4Q12 profit of Bt1.17 bn, up more than 200%YoY. The impressive earning is supported by15.7% YoY growth in ridership to 600K riders/day. Other businesses, advertising and property, also did well. (Khao Hoon, 14/02/13) Comment: We’ve commented on BTS quite a few times already, thus the […]
Read More →BCH – WMC opening soon — BCH will open its high-end World Medical Centre (WMC) in Chaeng Wattana. The hospital is expected to attract higher premium and international patients. Phase 1 will consist of 150 hospital beds before its grand opening of 324 beds. BCH expects revenues to grow by 25% this year, as it […]
Read More →DRT – To expand Khon Kaen plant — DRT has set Bt1.5bn as capex to expand its plant in Khon Kaen. This lightweight concrete block plant is expected to generate Bt200-300 mn in 2H13, leading to revenue growth of 10–15% YoY. (Khao Hoon, 22/01/13) Comment: Despite the constant negative news regarding its asbesto use the […]
Read More →CK – Expects good 1Q13 revenues — CK said 1Q13 revenue will be good after booking revenue from several construction projects. Currently, the company has backlog of Bt163bn. 1Q13 earnings will also be boosted by the booking of the sale of its shares in TTW to BECL. CK plans to list CK Power in March. (Khao […]
Read More →BAY Japan company wins bid for BAY — Japan’s Mitsubishi UFJ Financial Group Inc won the BAY’s bid from GE Capital International Holding Corporation. BAY will announce the official result to the SET on Dec 26, 2012. (Khao Hoon, 24/12/12) Comment: I can believe this story far more than any of the Malaysian bank rumours, […]
Read More →JMART Plans on nearly 300 new outlets next year — JMART will invest Bt200mn in 2013 to open 280 new stores and expects 30% YoY growth in 2013 revenue as the 3G licenses will push demand for smart phones. (Tun Hoon, 12/12/12) Comment: Love the man love the business, he’s done a wondeful job growing […]
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