Archive | Company News

IRPC reports improving 2Q 2009 results as expected

IRPC reports improving 2Q09 results as expected (Source: SET) For the second quarter of 2009, the company reported a net profit of Bt2.44b, translating to Bt0.12/share, down by 52.7% YoY but increasing by 49.4% QoQ. IRPC reports improving 2Q09 results as expected (Source: SET) For the second quarter of 2009, the company reported a net profit […]

Continue Reading ·

Precious Shipping plans US$550m ship-buying scheme (Bangkok Post)

SET-listed Precious Shipping Plc (PSL),Thailand’s second largest dry bulk carrier, will start its US$550m buying programme for second-hand ships when shipping rates fall to 2,000 points on the Baltic Dry Index. “We are expecting the rates to decline further when significant supply of new ships arrives the market later this year,but not to the level […]

Continue Reading · 0

Skytrain operator turns developer (Bangkok Post)

Operator to invest B10bn in three hotels. Bangkok Mass Transit System Plc (BTSC) is entering the property business to strengthen itself and prepare for possible uncertainties after its skytrain concession expires in the next 20 years.The five-star Langham Place Phayathai, targeting tourists and business travellers, is among three hotels that BTSC plans to build to […]

Continue Reading · 0

Kasikorn Bank keen on trade finance (Bangkok Post)

KBank keen on trade finance-Kasikornbank is aiming for 36% growth rate in its international trade business this year, despite the decline in the country’s exports and imports. Songpol Chevapanyaroj, a KBank first senior vice-president, said the bank expected international trade business volume would increase to 3.4 billion baht this year, or 25% of the market. […]

Continue Reading ·