Pruksa Real Estate Public Company Limited (PS) is proud to unveil its remarkable Q3/2011 performance. A noteworthy presale value of 7,684 Million Baht was achieved, with 6,493 Million Baht in total revenue, and, 761 Million Baht in net profit being obtained. In comparison with the same period last year, despite a slight drop in the […]
Archive | Company News
Chain aims for 500 outlets by 2016
The Pizza Company, operator of a restaurant chain under the management of the Minor Food Group, plans to continue investing heavily in branch expansion and development of products and services to achieve its goal of Bt8 billion in sales revenue in the next five years. “We see huge opportunity in Thailand for the restaurant business, […]
French reinsurer CCR not accepting more Thai business
CCR Group, a leading French reinsurer, has circulated a letter informing its partners in New Zealand, Australia and Thailand to stop writing business with the company in order to ensure its long-term profitability for the benefit of shareholders. The letter, sent on Monday by the head office in Paris, said the group had conducted a […]
SCG chief sees only short-term Impact on economy from floods
Siam Cement Group (SCG), the country’s largest industrial conglomerate, foresees disruption from the severe flooding to affect the Thai economy in the short term, however it expects the recovery to be faster than some analysts have predicted. “I read some analysis, which said that |the Thai economy will recover in the final |quarter of next […]
Oishi ready to restart, expand
Oishi Group Plc, the country’s biggest green tea maker and Japanese restaurant chain, plans to spend 400 million baht to add 30 new outlets next year. Of the total, 15 will be Shabushi outlets with the rest Oishi Ramen, Oishi Japanese Buffet Restaurant or Nikuya. Paisarn Aowsathaporn, Oishi’s executive vice-president for food, said the expansion […]
SENA goes golfing
Listed property developer Sena Development (SENA) plans to launch a residential project in Pattaya next year, according to the Bangkok Post. The company will ask shareholders on December 27 to approve purchase of a 100 rai piece of land in Pattaya Country Club with an appraised value of almost THB2 billion (US$64.9 million). The decision […]
Betagro aims for market leadership
Betagro Group has set itself an aggressive goal to become the pork-export leader through its five-year business plan to achieve an integrated breeding cycle including 140,000 great-grandparent pigs (GGP). These high-quality GGP stocks will allow the group to breed high-quality swine through grandparent (GP) and parent stock (PS). Part of the group’s Bt3-billion annual investment […]
Some take dim view of capital plan for Big C
France-based Casino Group’s capital-raising plan for its Big C Supercenter hypermarket chain might run into resistance from local minority shareholders. Many small shareholders disagree with the plan, claiming it is not transparent or is unreasonable. Casino Group holds about 65 per cent of Big C. Big C’s board yesterday decided to postpone the extraordinary shareholders’ […]
Listed firms’ profits increase only 2.4%
Listed companies reported total net profits for the first nine months of 2011 of 511.9 billion baht, an increase of 2.4% from 500 billion in the same period last year, according to Tientip Subhanij, director of the SET’s Capital Market Research Institute. Sales revenue in the period rose 30% year-on-year to 6 trillion baht for […]
Expansion ahead for Major Cineplex
Chairman Vicha Poolvaraluck said 26 of the screens would be developed at the Mega Bangna shopping complex in Bang Na and at Seacon Bangkhae, under renovation on Phetkasem Road. The other 24 will open at other retail sites such as CentralPlaza shopping complexes, Big C and Tesco Lotus. The additional 50 will bring the number […]
