BAY BAY’s assets currently at Bt1tn. It expects loan growth of 9% YoY in 2014, made up of 40% big clients, 38% retail clients and 22% SME clients. (Khao Hoon, 27/03/14) BBL BBL expects loan growth of 5-6% YoY in 2014, if the Thai economy expands 3% YoY, assuming there is a working government. (Khao […]
Read More →CHO CHO reports more than Bt1bn in backlog and will sign a contract for a Bt700mn new job. It expects earnings for 1Q14 to continue to be strong and revenues this year to grow by at least 15%. (Khao Hoon, 20/03/14) Comment: A unique business here as they build niche trucks/vehicles and ships of all […]
Read More →EA EA expects net profit this year to grow by more than 150% from Bt267mn last year driven by a full year of revenue from its new solar power plant in Nakorn Sawan of more than Bt1.2bn. It also said earnings in 1Q14 will continue to grow strongly. (Khao Hoon, 13/03/14) Comment: We think the […]
Read More →BCP BCP aims at EBITDA of Bt25bn in 2020, brought by a focus on projects with 15% IRR. It expects 2014 EBITDA of over Bt10bn, supported by solar farms. (Khao Hoon, 27/2/14) Bangchak to issue up to Bt8bn in bonds — BCP will issue Bt50-8bn worth of debentures in the second quarter of the year […]
Read More →ADVANC TOT eyes new revenue from AIS pact – TOT Plc expects to earn revenue of at least Bt800mn a year from its network rental service once the state telecom enters a partnership with mobile leader Advanced Info Service (AIS). TOT chief executive Yongyuth Wattanasin said a one-year memorandum of understanding between the two parties […]
Read More →AAV Political turbulence delays Thai AirAsia X inaugural flight –Thai AirAsia X, the country’s first medium- and long-haul low-cost carrier, has delayed the launch of its inaugural flight from the current quarter to later this year, because the skies are not clear enough due to the ongoing political tension. (The Nation, 20/02/2014) Comments: The entire […]
Read More →ADVANC ADVANC reported net profits for 2013 at Bt36.27bn, a 4% increase YoY, supported by growth in revenue from internet services. It will pay a dividend of Bt5.75/share, bringing the year’s dividend to Bt12.15/share. This year, it targets service revenue to grow by 6-8%. (Khao Hoon, 12/02/14) Comment: A 4% Increase isn’t much to brag […]
Read More →IRCP IRCP expects both revenue and net profit growth of 30% YoY. It continues to bid for jobs related to digital TV network. It recently received work from CAT and Thai PBS worth Bt100mn, bringing backlog to Bt600mn. It is negotiating with a partner to get into the set-top box business. (Tun Hoon, 04/02/14) IVL […]
Read More →CPF CPF buys Belgian food processor – SET-listed Charoen Pokphand Foods Plc plans to acquire a food operation in Belgium as part of its attempt to expand food investment abroad. Through its 99.99% owned holding firm CPF Europe SA, the company will next month pay Bt408mn for 80% of Tops Foods NV. The Belgian maker […]
Read More →AMATA AMATA land sales for 2013 ended at 1,000 rai. In 2014, it plans to focus more on land sales abroad, especially in Vietnam, to avoid the political turmoil in Thailand. It said that 3-4 customers are already waiting to sign a deal. (Khao Hoon, 06/01/13) Comments: AMATA’s business model is very simple, land sales, […]
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