Showing 41 - 50 of 78
SCCC 2016 revenue gains, profit slides on oversupply
Business, Post Reporters, Published on 15/02/2017
» SET-listed Siam City Cement Plc (SCCC), Thailand's second-biggest cement maker, posted a smaller profit for 2016 despite a 10% rise in revenue, weighed down by costs associated with a recent acquisition and market oversupply.
Steelmakers urged to keep tabs on cash
Business, Post Reporters, Published on 30/01/2017
» Steel firms are advised to carefully analyse their cash conversion cycle and indebtedness level to prevent defaults that could damage the reputation of the Thai steel industry, says the SCB Economic Intelligence Centre (EIC).
Rich moves to redistribute defaulted debt
Business, Post Reporters, Published on 19/01/2017
» SET-listed Rich Asia Corporation Public Plc, a maker and distributor of steel pipes, has mortgaged some of its assets to pay interest on some of the debts it has defaulted on since last year, the largest amount of which is owed to a local bank.
TPBI eyes e-commerce to aid packaging
Business, Post Reporters, Published on 18/01/2017
» SET-listed TPBI Plc, a plastic packaging maker, expects to see total revenue in 2017 grow by 5-10%, thanks to rising demand for special plastic packaging for the delivery of e-commerce products as online retail grows substantially.
RICH defaults, hit by debts
Business, Post Reporters, Published on 17/01/2017
» SET-listed Rich Asia Corporation Public Plc (RICH), a maker and distributor of steel pipes, has defaulted on 805.9 million baht in debt owed to a bank and is struggling to pay debts due within the next few months, leading the company to seek talks with creditors as well as restructure its financial operation in order to repay all debts.
DRT upbeat on rising sales
Business, Post Reporters, Published on 10/01/2017
» SET-listed Diamond Building Products Plc (DRT), a maker of roofing and artificial wood products, says it expects revenue in 2017 to grow by 5% from the previous year as demand rises in line with the economic recovery.
Asahi Glass moves forward with B10bn Vinythai deal
Business, Post Reporters, Published on 15/12/2016
» Asahi Glass Co says it has begun the process of buying a 58.8% stake in chemical maker Vinythai (VNT), the SET-listed polyvinyl chloride producer and joint venture of Solvay and PTT Global Chemical Plc (PTTGC).
S.Khonkaen Foods eyes QSR franchise expansion
Business, Post Reporters, Published on 18/11/2016
» SET-listed S.Khonkaen Foods Plc (SORKON), a maker of processed food, is ready to expand its quick-service restaurant (QSR) business at a faster pace via the franchise system next year.
IVL profit surges on acquisitions
Business, Post Reporters, Published on 11/11/2016
» SET-listed Indorama Ventures Plc (IVL), a global maker of intermediate petrochemicals, saw a surge in third-quarter profit as feedstock sales volume rose after recent acquisitions in the US and Spain.
Carmakers fear stalled EU
Business, Post Reporters, Published on 30/06/2016
» Domestic carmakers have voiced concerns about the impact of Britain's departure from the EU on Thailand's vehicle exports.