Professional Waste to pour Bt650 million in four new projects

Kriengkrai Lertsirisamphan, director of the company, said yesterday that he expected the company's earning result to be a net loss this year and will turn to profit next year.

The company expected incomes from four new projects with total value of Bt650 million.

Currently, the company still record a net loss of Bt150 million. Early this year, the company's operation was affected by environmental factor which caused the company to temporary cease its operation. The industrial waste management firm has currently shifted back to its full operation.

Thus, although it has generated incomes in the third quarter and will record net profit in the fourth quarter, the firm is expected to record net loss for the entire year.

Kriengkrai said the four new projects include EWaste Recycling worth Bt250 million, of which 60 per cent will be invested by the company, and Mercury Recovery which worth Bt150 million, 80 per cent of which will be invested by the company.

- The Nation

Siriporn Chanjindamanee