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)
8% YoY growth in passengers this year — BTS expects passenger growth of 8% YoY in 2013 to an average 700,000 persons per day, with revenue growth of 12% YoY because of the increase in ticket prices. It does not expect political unrest to impact its operations. It is ready to sign an MoU with the MRTA, SRT and BMCL to develop a joint ticket system. (Khao Hoon, 12/12/13)
Comment: Such a wonderful monopoly here.
ECF Raising capacity — ECF is budgeting 2014 capital expenditure of Bt100mn, up from Bt60mn. This will be used to expand capacity to supports new orders from a potential overseas client. It expects 2014 revenue growth of 15% YoY. (Khao Hoon, 12/12/13) Continue reading Stocks in the news (arrow, bts, ecf, kbank, ktb, lpn, tta) 12.12.13