ABC

ABC is ready to start presales of ABOVE Sukhumvit 39 condo. It expects presales to reach 70-80%. It expects to wipe out its retained losses this year. (Thun Hoon, 26/08/16)

AH

AH maintains 2016 revenue growth target at 5%, aligning with the auto industry. It expects 2H16 revenue to be better than 1H16 on the back of large orders. Its investment budget is Bt300400mn. It targets net margin to reach 10% in 2020. (Khao Hoon, 26/08/16)

AOT

AOT is budgeting Bt190bn to invest in six airports. It expects four contracts for Suvarnabhumi phase 2 to put up for bid by 2016. (Thun Hoon, 26/08/16)

ASEFA

ASEFA expects 2H16 performance to be good on seasonality. Its backlog is Bt1.82bn, of which it expects to book 60-65% this year. It plans to take part in Bt2.5bn bids and to get Bt700mn of this, which will raise backlog to Bt2bn. It targets 2016 revenue to rise 20%. (Khao Hoon, 26/08/16)

CK

CK revised up 2016 revenue target to Bt480bn from Bt38bn, backed by Bt80bn backlog, with project transfers expected soon. It plans to take part in Bt35bn in bids and to get the Bt25bn MRT Blue Line extension this year . (Khao Hoon, 26/08/16)

CPN

CPN is budgeting Bt60bn to invest in five new department stores and to renovate five others. It targets 34 stores within 2018. It plans to expand to Vietnam and Indonesia. It targets 2016 revenue to grow 15%. (Khao Hoon, 26/08/16)

DCON

DCON expects 3Q16 earnings to be good aided by numerous orders. It targets 2016 revenue to reach Bt1.1bn brought by transfers. It expects an extra gain of Bt105mn from selling land at Lopburi, booked in 2017 . (Thun Hoon, 26/08/16)

DELTA

DELTA plans to focus on ASEAN market because of higher demand. It plans for the ASEAN market to contribute 10% revenue. It also plans to focus on India. It plans to invest in an R&D center, with revenue from this in 2017. (Thun Hoon, 26/08/16)

ECL

ECL expects 2H16 performance to turn around after it reported a net loss of Bt28.5mn in 2Q16 which came from extra expense. It expects 2016 loan growth of 15%, which will increase its loan portfolio to Bt3bn in 2018. (Thun Hoon, 26/08/16)

GUNKUL

GUNKUL’s board approved investment in a 66.78MW solar farm, the Kentos project, valued at Bt8.39bn. This will be its third power plant in Japan. It expects this to contribute revenue for next 20 years. (Khao Hoon, 26/08/16)

IFEC

IFEC expects completion of a deal for a 200MW power plant abroad this week. It targets to commence operations of 100MW by the end of this year. It is looking for a partner to invest in hotels and condos, hoping for some decision in September. It targets 2016 revenue to reach Bt2bn. ( Khao Hoon, 26/08/16)

IRPC

IRPC expects to complete a deal with a partner in Korea in 3Q16. It posted 6M16 net profit of Bt31.02mn, up 53.17%YoY. (Thun Hoon, 26/08/16)

ITD

ITD plans to take part in bids in Bangladesh, Pakistan, and Vietnam for airport construction, valued at Bt100bn at the end of this year. It targets to get Bt50-60bn to add to its backlog in 2H16. Its existing backlog is valued at Bt230bn. (Thun Hoon, 26/08/16)

LOXLEY

LOXLEY expects 2016 revenue to reach Bt15bn (25-30% growth) aided by backlog of Bt9.8bn. It expects 44% of total backlog to be booked this year. It plans to take part in Bt17.4bn bids and to get more than 50%. (Khao Ho on, 26/08/16)

PHOL

PHOL expects 2H16 earnings to grow driven by public and private projects. It plans to take part in upcoming projects. It targets 2016 revenue to grow 30% after achieving Bt572.34mn in revenue in 1H16, with 52% growth in net profit. (Thun Hoon, 26/08/16)

PPS

PPS signs consultant contract for Suvarnabhumi expansion. PPS has announced that SCS Consortium, in which PPS is the lead firm, has signed a Construction Supervision Consultant Services Contract for the Expansion of Suvarnabhumi Airport Project (Fiscal Year 2011-2017) with AOT, valued at Bt879.98mn; PPS’s portion of contract value is Bt351.9mn. ( SET, 25 /08/16)

TPCH

TPCH won three biomass power projects for 26.1MW. This increases its capacity to 141MW (11 power plants). It is confident in its strength as an expert in the power business and a strong partner. (Thun Hoon, 26/08/16)