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IT revenue boost Yip In Tsoi's target for last year

The Yip In Tsoi Group is confident about achieving its total revenue target of between Bt2.5 billion and Bt3 billion for this fiscal year ending October 31 despite concerns about how long the new government will take to start working.

Published on January 2, 2008



Total revenue in the last fiscal year was Bt2 billion.

Yupatat Yipintsoi, director of Yip In Tsoi Co, last week said the group would continue to focus on its information-technology (IT) business, which includes installing systems for private and public clients.

Public jobs usually generate more than half of its IT revenues, but since the present government has avoided making decisions on investing in big projects, the group has little hope of the sector maintaining its high contribution.

The new government may take awhile to settle down, which would prolong the economic slowdown, he said.

However, agro-chemicals liek herbicides and fertilisers and trading are on the rise as they still have a small base.

These two businesses will compensate the group for its loss of revenue on the IT side, he said.

The Nation


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