IRPC

IRPC expects to return to profitability this year – Despite adverse impacts from the weak baht, IRPC expects to reap some profits this year as opposed to the loss it incurred last year, thanks to improved oil-refining rates amid an improving global economic situation and the rise of crude-oil prices, coupled with some expansion of production capacity. (The Nation, 06/09/13)

ITD

Red Line Contract #3 in the offing — ITD expects to hear the final word on Red Line Bangsue-Rangsit contract 3 on Sept 18. (Khao Hoon, 06/09/13)

PJW

Cuts revenue target — PJW has lowered its revenue target for the year to only 6-8% from 20% in response to the economic slowdown. It expects net profit this year to be lower than last year; however management said that revenue next year should grow by at least 10-15%. (Khao Hoon, 06/09/13)

SAT

SAT receives new truck orders from Hino Motors — Production is to begin in 2015 and SAT said this will help push revenues for trucks up by five-fold from the current 1-2% of total revenues. The company will invest Bt1bn to expand its capacity to take on new orders. (Khao Hoon, 06/09/13)

SEAOIL

SEAOIL makes slick debut with 17% gain — The shares of Sea Oil Plc (SEAOIL) rose as much as 17.68% above its initial public offering (IPO) price at Bt3.45 on its debut yesterday. The successful first-day trade of SEAOIL, the ninth new listing on the MAI this year, came after Communication & System Solution Plc lost on its first day of trade on Tuesday, closing 29.33% below its Bt3 IPO price. (Bangkok Post, 06/09/13)

SPALI

Entering Udorn Thani — SPALI is ready to penetrate the property market in Udorn Thani with the launch of its newest SDH project, “Spali Parkville Nitayo”, worth Bt960mn. Starting price for the project is at Bt3mn and the project is to open for booking at the end of September. (Khao Hoon, 06/09/13)