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BECL set to top forecast

SET-listed Bangkok Expressway Plc (BECL) expects its 2009 revenue will beat its 5.4% growth forecast, citing higher-than-expected traffic this year. Traffic on BECL’s expressways rose about 1% year-on-year in the first eight months, beating the company’s original estimate of flat growth when compared with the same period of 2008, said Panan Tosuwanthaworn, the company’s senior general manager of the finance division. (Bangkok Post)

ThaiVest Editorial Team