TCJ Asia sets target for double-digit revenue growth

Corporate January 24, 2018 01:00

By The Nation

TCJ Asia Plc expects to post double-digit growth in total revenue this year, thanks to strong demandfor construction equipment, the company’s president Songwoot Graipaspong said yesterday.



He said that in the first nine  months of last year the company saw strong growth of up to 17 per cent from the same period of the year 2016. This year, the demand for construction equipment has also seen strong growth following the government’s move to expand investments in the country’s infrastructure projects, while the private sector also increased its investments too. 

This will drive the company’s s business strong growth this year. 

In the first nine months of the year 2017, the company reported total revenue Bt1.17 billion and net profit Bt41.81 million. The company had reported total revenue of Bt1.24 billion and net loss Bt2.2 million for 2016.