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SAT sees 15% growth

Auto-parts manufacturer Somboon Advance Technology (SAT) expects sales growth of 15 per cent this year, higher than its previous target of 10 per cent, and new project investment of Bt400 million-Bt500 million next year.

Published on August 31, 2007

SAT director Verayut Kitaphanich said yesterday that sales this year would exceed the target due to rising orders following an improvement in the political situation.

He expects sales to rise by 15 per cent from last year's Bt4.25 billion.

Although some raw material costs have increased, the company's initial margin is still high. Therefore, its net profit margin is 10.58 per cent, higher than the industry average of 7 per cent.

In the second quarter, SAT recorded net profit of Bt128 million, a rise of 33 per cent from the same period last year.

Verayut said his company aimed to keep gross margin at around 20 per cent. It currently stands at 21.23 per cent, again much higher than the industry's 15 per cent.

Siriporn Chanjindamanee,

The Nation

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SAT sees 15% growth

Auto-parts manufacturer Somboon Advance Technology (SAT) expects sales growth of 15 per cent this year, higher than its previous target of 10 per cent, and new project investment of Bt400 million-Bt500 million next year.

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