ANAN ANAN says 1Q15 will be good, backed by large backlog. It will spend Bt4bn for land acquisition and double new launches to Bt31.5bn. It plans to grow backlog to grow revenue over the next five years. It believes the property and building tax will raise developers’ cost. (Thun Hoon, 23 Mar 15) Comment: And […]
Read More →BA BA looks for good 2015, supported by better tourism industry. It expects passenger number to grow by 6mn from 4.79mn last year. It will expand fleet, adding four new ATR72-600s. In 2018, it will have 43 planes versus 27 planes at end 2014. This will support passenger growth in line with the turnaround of […]
Read More →ANAN ANAN reported strong profit growth of 60% YoY in 2014 to Bt1.3bn. The company will pay a cash dividend of Bt0.068/share, XD on Apr 21. ANAN expects revenue to reach Bt11bn on backlog of Bt27bn. Twelve more projects will be launched with total project value of Bt32bn. (Kao Hoon, 27/02/15) Comment: And yet still […]
Read More →AAV AAV expects strong recovery this year and targets 14.5mn passengers and double-digit revenue growth. The company said 1Q15 cabin factor will be strong at more than 84%, driven by the influx of Chinese tourists. (Kao Hoon, 24/02/15) New CFO — AAV has informed SET that the Nomination and Remuneration Committee has approved the appointment […]
Read More →AIT AIT announced 2H14 dividend of Bt1.1/share (XD on April 21), after record-high net profit of Bt658.56 mn (+16.26%) in 2014 and revenue of Bt6.65bn. It has backlog of Bt1.487bn, part of which will be realized this year. (Khao Hoon, 23/02/15) BGT BGT plans to expand into ASEAN markets via agents or setting up joint […]
Read More →AP AP is confident to achieve revenue of Bt22bn for 2014 vs. Bt17.13bn in 9M14, as a result of a recovering economy and rising consumer purchasing power, particularly landed properties. (Kao Hoon, 2/02/15) Comment: The revenue growth is misleading because they have multiple JV projects, thus not all the recognised revenue %’s go straight to […]
Read More →LH LH to make further inroads in US market – SET-listed developer Land & Houses Plc (LH) plans to double its investment this year, earmarking Bt12bn to buy new plots of land and invest in rental properties both here and in the US. Adisorn Thananan-narapool said the company would continue investing in rental apartments in […]
Read More →AAV Thai AirAsia posts static Q3 load factor – Thai AirAsia (TAA) saw a slight fall in load factor in the third quarter, which it attributed to Thailand’s political situation and a sluggish economy. The country’s largest low-cost carrier still recorded a relatively high load factor of 82% for JulySeptember, down by one percentage point […]
Read More →AOT AoT says no to foreign ventures – The long-mooted plan by the Airports of Thailand Plc (AoT) to compete for contracts to operate airports abroad is no longer on the radar screen. Chairman Prasong Poontaneathas made it clear that the current major upgrades of three of the six airports under AoT’s control – Suvarnabhumi, […]
Read More →AJP AJP partnering with MUSE Group, in both Thailand and Singapore, to host sports events and concerts at the international level. It said that within the next six months, there will be four major events from which it expects to revenue of at least Bt600mn. It will announce the first major event in early October. […]
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