Bangkok Komatsu Sales expects sharp revenue fall as demand slumps
February 05, 2014 00:00 By Maythavee Tanrungvejcharun
Bangkok Komatsu Sales targets sales of only Bt760 million this year, a drop of 20 per cent from last year's level, on falling demand for industrial machinery and trucks following the domestic economic slowdown and continued political uncertainty.
Deputy managing director Panithan Pornprapa yesterday said that demand had begun to fall last year because of the global economic situation and a decline in government spending at home.
The company recorded revenue of Bt5.2 billion for the year, 15 per cent down on the 2012 level.
Amid the expected continued decline in revenue this year, the company aims to develop its after-sales service, for which it has set aside a Bt800-million renovation budget for 10 of its 22 service centres around the country through to 2016, he said.
The focus is on service centres in provinces close to neighbouring countries, namely Udon Thani, Ratchaburi, Surat Thani, Phitsanulok, Phuket and Rayong.
The renovation drive forms part of Bangkok Komatsu Sales’ regional expansion of its business when the Asean Economic Community comes into effect next year, he added.