Post by account_disabled on Dec 24, 2023 6:55:33 GMT
APCS steps into strength after the 3rd quarter of 2020, making a profit of 48 million baht, soaring 329 percent from the 2nd quarter of 2020, plus there is work on hand of over 2,500 million baht waiting to be recognized as revenue. Plus preparing to bid for another 4,000 million baht of new work, indicating that there are signs of recovery from every business group. Forecasting 4th quarter revenue to grow more than 25%, Dr. Sompot Walayasevi, Executive Director of Asia Precision Public Company Limited, revealed that the operating results in the second half of 2020 returned to being outstanding after the company etc. There is a value of work in hand of more than 2,500 million baht. An overview of the company's operating results for the three-month period.
Ending September 30, 2020, there was a total income of 669 million baht, compared to the operating results ending June 30, 2020, with an income of 278 million baht, with income increasing by 391 million baht or Telegram Number Data an increase of 140.6 percent, while profits from Operating at 48 million baht, an increase from the 2nd quarter of 2020 which had a net loss of 21 million baht or an increase of 69 million baht, with income coming from 3 business groups, namely the engineering and construction business group (EPC) in the amount of 513 million baht. Automotive parts production group, metal parts (AUTO) amounting to 152 million baht and utility business (Water) amounting to 3 million baht. Increased income from the EPC business came from business expansion into Vietnam. and the recovery of the automotive parts business "Q3/2020 began to see significant turnaround signs and is expected to continue to improve in Q4/2020.
This comes from the backlog of 2,500 million baht, consisting of work on transmission lines and power stations in Vietnam. Nong Khai Province solid waste power plant, size 8 megawatts, floating solar panel work (Floating Solar) and Solar Roof Top work. It is expected that the company's operating results for the 4th quarter of 2020 will continue to grow from every business group at a rate of no. Less than 25% compared to the third quarter of this year. For the 2021 plan, the company is preparing to bid for more than 4,000 million baht of work, divided into 60 percent waste power plants, 25 percent high voltage transmission systems and stations, water production systems and raw water pipelines.
Ending September 30, 2020, there was a total income of 669 million baht, compared to the operating results ending June 30, 2020, with an income of 278 million baht, with income increasing by 391 million baht or Telegram Number Data an increase of 140.6 percent, while profits from Operating at 48 million baht, an increase from the 2nd quarter of 2020 which had a net loss of 21 million baht or an increase of 69 million baht, with income coming from 3 business groups, namely the engineering and construction business group (EPC) in the amount of 513 million baht. Automotive parts production group, metal parts (AUTO) amounting to 152 million baht and utility business (Water) amounting to 3 million baht. Increased income from the EPC business came from business expansion into Vietnam. and the recovery of the automotive parts business "Q3/2020 began to see significant turnaround signs and is expected to continue to improve in Q4/2020.
This comes from the backlog of 2,500 million baht, consisting of work on transmission lines and power stations in Vietnam. Nong Khai Province solid waste power plant, size 8 megawatts, floating solar panel work (Floating Solar) and Solar Roof Top work. It is expected that the company's operating results for the 4th quarter of 2020 will continue to grow from every business group at a rate of no. Less than 25% compared to the third quarter of this year. For the 2021 plan, the company is preparing to bid for more than 4,000 million baht of work, divided into 60 percent waste power plants, 25 percent high voltage transmission systems and stations, water production systems and raw water pipelines.