GIFT

GIFT is talking to a prospective partner to set up a subsidiary to operate in the power business with a 25% stake. It plans to expand to the utilities business with cash on hand of Bt230mn. It expects to list on the SET, with finalization in a month. It expects 2016 revenue to mark a record high with 10-15% growth. (Thun Hoon, 13/07/16)

GL

GL got the license from OJK (Otoritas Jasa Keuangan) to provide financial services in Indonesia. It expects this to boost its sales and net profit. (Khao Hoon, 13/07/16)

GUNKUL

GUNKUL expects 2016 revenue to grow 30% from 2015’s Bt4.87bn. It does not worry about 2Q16 performance as it expects LED business to contribute revenue. It expects revenue to reach Bt300-400mn this year. It expects to take part in many alternative energy projects. (Thun Hoon, 13/07/16)

ILINK

ILINK expects to take part in four project bids, valued at Bt7bn. It expects the bid winners to be announced this year. It expects a Bt2.5bn MEA project to put up for bid on July 21. It expects to get all four projects. (Khao Hoon, 13/07/16)

KCE

KCE’s board approved setting up a subsidiary to engage in production of chemicals for animal feed. It has budgeted Bt250mn to improve machinery. (Thun Hoon, 13/07/16)

KSL

KSL expects 3QFY16 earnings to be good aided by higher sugar price on high demand. It plans to increase capacity by 10,000 tons/day. It plans to take part in 300-400MW bids to boost its power business. It expects to get 80-100MW. (Thun Hoon, 13/07/16)

MALEE

MALEE expects 2018 revenue to reach Bt10bn. It targets 2016 revenue growth of 20% brought by beverage market recovery. It has launched three new flavors, which is believes will boost sales.. (Khao Hoon, 13/07/16)

PREB

PREB expects 2Q16 to be better than first quarter supported by government policies. It expects 2016 revenue of Bt5.8bn which will be booked from its backlog of Bt9bn. (Thun Hoon, 13/07/16)

PYLON

PYLON Has increased its investment budget to Bt200mn to buy new machinery. It expects to get a new job worth Bt800mn to support lift backlog from Bt700mn. It expects 2016 revenue of Bt1.2bn supported by jobs waiting to be booked. (Thun Hoon, 13/07/16)

SAPPE

SAPPE expects revenue from exports to support its revenue in 2H16. It expects 2016 revenue growth of 15% from Bt2.55bn in 2015 supported by more demand and the government’s postponement of the sugar tax. (Thun Hoon, 13/07/16)

SC

SC is confident that 2016 presales will hit the target of Bt15bn thanks to higher demand. It plans to launch six new projects in total worth Bt11bn, which will focus on middle class customers. (Thun Hoon, 13/07/16)

SCC

SCC expects 1H16 net profit of Bt27.5bn or growth of 10% YoY. (Khao Hoon, 13/07/16) TPCH TPCH expects 2Q16 earnings to surge after it switched from the ‘adder’ program to FiT. It plans to bid for 500MW. It has a power plant that is ready for commercial startup and this will support profit. (Thun Hoon, 13/07/16)

TSR

TSR plans to focus on SME loans. It has 400,000 customers. It expects to start in 4Q16. (Khao Hoon, 13/07/16)

TVT

TVT has budgeted Bt200mn to produce a new program which it expects to contribute 15% of total revenue. It expects 2Q16 and 2016 revenue growth of 20%. It expects to launch one new program next year. (Khao Hoon, 13/07/16)

UEC

UEC expects to get a new job worth Bt120mn. It plans to focus on Thailand’s power plant market in 2H16. It targets 2016 revenue growth of 10%, supported by its backlog of Bt300mn. (Thun Hoon, 13/07/16)