Somboon Advanced Technology (SAT) management are bullish about the second half performance, which will strongly recover from the first half. Auto production for 2H09 will rise to 550,000 units, up 43%, from first half, although down 19% yoy and much improved over 1H09 by 46%. SAT will perform better than the auto industry as a whole on orders from Kubota of around Bt250mn for this year. Management targets 2H09 sales of Bt2,558mn, up 46%, from the first half with 90% of new orders confirmed by automakers. The gross margin this year will rise to around 16-20% from 1H09 at 12% on better utilisation in 2H09 around 63-80% from 1H09 at 46-49%.
SAT 2H 2009 sales will recover 46% from 1H 2009
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The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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