Post by account_disabled on Dec 12, 2023 11:32:35 GMT 1
AH shows Q1/2023 budget, main profit grows 47%, receives a surge in car production, promotes the Organic Growth strategy, driving full-year revenue to grow as targeted by 15%. AH shows good form in Q1/2023 with total income of 8,197 million baht, an increase of 20% and main net profit of 597 million baht, an increase of 47% from the same period last year. After the business of producing automotive parts and car showrooms grew well Push production and sales up Recently signed a contract to produce car fuel tanks worth 150 million baht, highlighting the strategy to create organic growth.
Portuguese Turnaround subsidiary receives positive results for the full year, confident that for the whole Phone Number List of 2023, revenue will grow according to the target of 15%. Mr. Yeap Su Chuan, Chairman and Chief Executive Officer of AAPICO Hitech Public Company Limited or AH, which operates an automotive parts manufacturing business. Car dealer business and after-sales service center And the business providing connectivity technology and IoT (Internet of Things) revealed its 1Q23 results that the company had total revenue of 8,197 million baht, an increase of 1,382 million baht or 20% growth from the same period last year. with a total income of 6,815 million baht and a main net profit of 597 million baht, or a growth of 47% from the same period last year of 406 million baht.
The 1Q23 results are supported by high demand and the resolution of the microchip shortage problem. Resulting in an increase in production orders (Orders) from the automotive parts manufacturing business. In addition, the car dealer and service center business has recovered well. according to the automotive industry and the economic situation that continues to expand The technology and IoT connectivity businesses still have a good direction. This year, orders for the production of GPS equipment parts and tracking devices began to increase. This is despite the fact that in the 2nd quarter of 2023 there was a Songkran period with a long holiday. causing the production line to stop as well But overall, it is believed that the operating trend.
Portuguese Turnaround subsidiary receives positive results for the full year, confident that for the whole Phone Number List of 2023, revenue will grow according to the target of 15%. Mr. Yeap Su Chuan, Chairman and Chief Executive Officer of AAPICO Hitech Public Company Limited or AH, which operates an automotive parts manufacturing business. Car dealer business and after-sales service center And the business providing connectivity technology and IoT (Internet of Things) revealed its 1Q23 results that the company had total revenue of 8,197 million baht, an increase of 1,382 million baht or 20% growth from the same period last year. with a total income of 6,815 million baht and a main net profit of 597 million baht, or a growth of 47% from the same period last year of 406 million baht.
The 1Q23 results are supported by high demand and the resolution of the microchip shortage problem. Resulting in an increase in production orders (Orders) from the automotive parts manufacturing business. In addition, the car dealer and service center business has recovered well. according to the automotive industry and the economic situation that continues to expand The technology and IoT connectivity businesses still have a good direction. This year, orders for the production of GPS equipment parts and tracking devices began to increase. This is despite the fact that in the 2nd quarter of 2023 there was a Songkran period with a long holiday. causing the production line to stop as well But overall, it is believed that the operating trend.