ASEFA

ASEFA targets 2017 revenue growth of 10-15% and plans to bid for government and private jobs. It has backlog on hand of more than Bt1.8bn, of which it will book 70% this year. It has a budget of Bt10mn to open 10 new branches. (Thun Hoon, 02/02/17)

BA

BA targets 2017 revenue growth of 12%, with a load rate of less than 72% and growth of 1315% in number of passengers to 6.6mn passengers. It has a 2017 investment budget of more than Bt2.5bn with which plans to buy new aircraft. It is studying flying CLMV routes. (Thun Hoon, 02/02/17)

BCP

BCP has set a 2017-2020 budget of Bt78bn which it will use to expand its service stations, renovate its refinery and on its upstream business. It targets adding 100 service stations in 2017. (Thun Hoon, 02/02/17)

CSL

CSL reported 2016 net profit of Bt306mn, a slip of 3% due to lower revenue. However, it will pay a 2H16 dividend of Bt0.22/share, XD on Apr 3. (Kao Hoon, 02/02/17)

CSS

CSS: sentiment positive after government upped its budget for underground wire project to Bt9.1bn, which the company hopes is to accommodate higher costs. It expects government to continue to open bidding for big projects. It expects 2017 revenue to reach Bt5bn. (Thun Hoon, 02/02/17)

EE

EE expects 2017 earnings to be a new high after booking a full year of revenue from SSUT capacity of 240MW, in which the company holds 25% or 60MW. It plans to increase its share to 40% or 96MW. It expects this to add revenue and plans to write off its retained loss of Bt859mn. It plans to do 2-3 power plants. (Thun Hoon, 02/02/17)

GPSC

GPSC expects 2017 profit growth of 33% YoY due to booking revenue from three power plants and plans to COD six more plants soon. There is progress on the 24M Technologies project. It plans to expand abroad. (Thun Hoon, 02 /02/17)

GUNKUL

GUNKUL expects to finish a deal for a solar farm abroad in 1Q17. It expects 2017 revenue growth of no less than 20-30% and targets PPA of 500MW at the end of 2017. It expects to report 2016 financial statement at end-February. (Kao Hoon, 02/02/17)

MK

MK has set aside more than Bt4bn to develop property projects for sale and rent. It plans to launch five new projects with a total value of Bt5.5bn in 2017. (Kao Hoon, 02/02/17)

PDI

PDI expects 2017 earnings to be higher than last year supported by a surge in zinc price and higher demand. It targets zinc sales volume of 60,000 tons. (Thun Hoon, 02/02/17)

QLT

QLT has set aside Bt30-40mn in its 2017 budget to set up a metal inspection service. It targets 2017 revenue growth of 10% YoY supported by revenue from other industries and backlog on hand of more than Bt300mn. It expects to get a job from Myanmar to support revenue. (Thun Hoon, 02/02/17)

SCC

SCC expects 2017 business to be good supported by large government projects that will increase domestic demand. It targets 2017 sales growth of 10% to over Bt423bn. It has an investment budget of Bt60-70bn to acquire businesses. (Thun Hoon, 02/02/17)

SENA

SENA plans to launch 11 new projects worth more than Bt9bn in 2017. It plans to sell two condominiums in February. (Kao Hoon, 02/02/17)

TKS

TKS plans to expand in CLMV to support industry growth. It expects export portion increase to 10%. It has backlog of more than Bt1bn and will book all of that this year. (Thun Hoon, 02/02/17)

TNPC

TNPC is negotiating with a foreign party to expand. It expects its core business to be good and is negotiating with a customer in Europe. It targets 2017 revenue growth of 10-15%. (Thun Hoon, 02/02/17)

TPOLY

TPOLY targets a turnaround in 2017 and expects revenue growth of 10%. It plans to bid for a new job worth Bt8bn. It expects to write off retained loss and pay a dividend within two years. (Kao Hoon, 02/02/17)

UTP

UTP has increased capacity to 240-250k tons p.a. backed by higher demand from China. It expects 2Q17 earnings to be peak supported by startup of its generator plant. It expects 2017 revenue of no less than Bt3.6bn. (Thun Hoon, 02/02/17)

VNG

VNG has more orders from abroad which are raising its export portion to 80%. It plans to increase capacity and renovate existing production line to support higher demand. It expects revenue growth of no less than 20%. (Thun Hoon, 02/02/17)

WINNER

WINNER is studying getting into the personal care business. It targets 2017 revenue growth of 10% backed by customer expansion and startup of its processed food factory. It plans to sell its product in AEC, which will add to revenue. (Thun Hoon, 02/02/17)

WORK

WORK expects 2017 profit of Bt430mn or growth of 218%, supported by a rise in its advertising rate to Bt62,000 per minute. (Kao Hoon, 02/02/17)