CPN

CPN will invest more than Bt50mn in digital platform and release a new CentralWorld App targeted at the new generation. CPN hopes the new app will help push sales up in 2Q and 3Q. (Khao Hoon, 04/04/14)

DELTA

DELTA to focus on the ASEAN market. It says performance in 1Q14 was very good, with revenue growing from Bt9.5bn in 1Q13, supported by baht depreciation. It expects total revenue growth of 10% YoY in 2014. It is investing in capacity expansion. Its is purchasing a European firm, with the deal expected to finish in late 2014. (Thun Hoon, 04/04/14)

DCON

DCON confident in higher revenue and profit in 1Q14 YoY, supported by new orders for production and distribution of construction materials. It will also book Bt625mn revenue from transfers at its real estate business. 2014 revenue is expected to grow 20%. (Khao Hoon, 04/04/14)

KBANK

KBANK reported unchanged loans in 1Q14 but expects recovery in 3Q14-4Q14, supported by the agriculture sector. Its NPLs are expected to rise but not to a level of concern. (Khao Hoon, 04/04/14)

PS

Pruksa ups project launches – The SET-listed Pruksa Real Estate Plc (PS) has revised up its number of new project launches this year to at least 60 from 50 after seeing better market sentiment last month, as evidenced by higher first-quarter presales and revenue. (Bangkok Post, 04/04/14)

RML

RML says 1Q14 revenues to surpass last year’s Bt1.4bn, supported by the transfer of 185 units in the Rajadamri project worth more than Bt1bn. The company also said that it has Bt13-14bn of backlog on hand that will help support revenues over the next 2-3 years. (Khao Hoon, 04/04/14)

TICON

TICON expects good performance in 1Q14 on continued growth in its warehouse business. It is ready to book Bt540mn revenue from selling assets to TGROWTH and TFUND. It expects 2014 revenue of Bt7bn, +30% YoY. (Thun Hoon, 04/04/14)