Post by account_disabled on Dec 20, 2023 8:30:45 GMT
ECF reveals that the second half of the year business enters the high season, focusing on cost management. First half year 65 results, total income 772.82 million baht, profit 22.09 million baht ECF reveals the second half of the year has good business trends. Entering the high season Supporting export and domestic orders to surge, focusing on cost management Increase your ability to make a profit Ready to continue to recognize profits from the energy business of Minbu Power Plant. Results for the first half of 2022 , total income 772.82 million baht, net profit 22.09 million baht, confident that for the entire year income will grow as targeted by 10-12%. Mr. Arak Suksawat, Managing Director of East Coast Furnitech Public Company Limited ( ECF), revealed the business direction for the second half of the year. It tends to grow more than the first half of the year. Due to entering the high season Resulting in a total order volume Domestic and export furniture has increased.
In addition, the company focuses on Expanding the domestic market throughout the period Band of the first half of the past year There is still a good growth trend. for international market In the past, there has been a good trend. This is due to the increase in customers from India and the Middle East. Including factors from product development new business together with Telegram Number Data customers which started can be managed again after the Covid-19 situation begins to subside, which will help Orders for new products are starting to arrive. From the fourth quarter onwards together with the quarter The third and fourth trimesters are the high season. Season of the sales season The company is confident that will be able to create growth Targeted revenue growth of 10 - 12% for this year. For next year, the company has a stimulating plan. Sales will be made through new distribution channels, including online platforms that the company has developed itself, which is expected to begin operating.
distribution through such channels It can be developed within the next year. which is considered to increase to reach domestic customer groups as well as create a variety of channels The way to sell products to the company Currently, the company There is a proportion of income from sales. Furniture exports 55% and sells domestically 45% of total sales revenue. Renewable energy business 220 MW solar power plant in Minbu, Myanmar At present, phase 1 revenue of 50 MW has been recognized. Phases 2, 3 , and 4 are still under construction. By continuing to operate even There will be signs of a delay occurring at home. Due to the COVID-19 situation and internal politics in Myanmar It is expected that the construction will be completed. All four phases will be completed by 2023 . MTT1caFA-e1660536770826.jpg For the first half of 2022 , the company had a total income of 772.82 million baht, a decrease from the same period last year with a total income of 813.89 million baht, an amount of 41.06.
In addition, the company focuses on Expanding the domestic market throughout the period Band of the first half of the past year There is still a good growth trend. for international market In the past, there has been a good trend. This is due to the increase in customers from India and the Middle East. Including factors from product development new business together with Telegram Number Data customers which started can be managed again after the Covid-19 situation begins to subside, which will help Orders for new products are starting to arrive. From the fourth quarter onwards together with the quarter The third and fourth trimesters are the high season. Season of the sales season The company is confident that will be able to create growth Targeted revenue growth of 10 - 12% for this year. For next year, the company has a stimulating plan. Sales will be made through new distribution channels, including online platforms that the company has developed itself, which is expected to begin operating.
distribution through such channels It can be developed within the next year. which is considered to increase to reach domestic customer groups as well as create a variety of channels The way to sell products to the company Currently, the company There is a proportion of income from sales. Furniture exports 55% and sells domestically 45% of total sales revenue. Renewable energy business 220 MW solar power plant in Minbu, Myanmar At present, phase 1 revenue of 50 MW has been recognized. Phases 2, 3 , and 4 are still under construction. By continuing to operate even There will be signs of a delay occurring at home. Due to the COVID-19 situation and internal politics in Myanmar It is expected that the construction will be completed. All four phases will be completed by 2023 . MTT1caFA-e1660536770826.jpg For the first half of 2022 , the company had a total income of 772.82 million baht, a decrease from the same period last year with a total income of 813.89 million baht, an amount of 41.06.