ADVANC and TOT set to launch service under a joint trial – ADVANCED Info Service and TOT are expected to sign a contact signalling the launch of a joint-trial commercial service on the state agency’s 2.1 gigahertz spectrum shortly after the reauction of a 900 megahertz licence on Friday, Information and Communications Technology Minister Uttama Savanayana has said. (The Nation, 23/5/ 16)
Comment: There’s still another 4 more days to go before the auction, I do wonder what else could happen?
BJCHI expects 2Q16 earnings to be good aided by mega projects. It expects 2016 revenue to grow 15% thanks to numerous orders and bidding for new projects. It expects to get new projects that will increase its backlog from Bt1.7bn. (Thun Hoon, 23 /05/16)
Comment: Thus even with the volatile movements in oil prices BJCHI is still able to maintain their backlog. How?
BKD plans to ask board approval to invest in a new business on May 24. It expects 3Q16 earnings to mark a record high aided by government projects. Its backlog is Bt1.5bn, of which 70% is expected to be booked this year. It expects 2016 revenue to increase not less than 20%. (Thun Hoon, 23/05/16)
BM reported substantial 1Q16 earnings growth aided by higher revenue from sales and lower cost with net margin of 7.05%. Core revenue came from metal trunking and electrical conduits. (Thun Hoon, 23/05/16)