The company is also confident of meeting its revenue target of Bt580 million and Bt600 million this year, up between 15 and 20 per cent year on year, she added. TM posted a net profit of Bt22.68 million in the first nine months of this year, up 44.55 per cent year on year. Its revenue in the period stood at Bt409.10 million, up 16.60 per cent over the same period last year.
CHINESE PROVINCE OF HEBEI RECORDS INCREASE IN TRADE WITH EUROPE
Trade of China’s Hebei province with the European Union totalled 35.18 billion yuan (Bt180 billion) in the first 10 months of the year, up 2.2 per cent year on year, according to Shijiazhuang Customs.
From January to October, Hebei’s exports to the EU were valued at 23.82 billion yuan, a year-on-year increase of 2.3 per cent, while its imports from the EU reached 11.36 billion yuan, up 1.9 per cent year on year.
Hebei’s exports of steel and photovoltaic products to the EU declined, while imports of high value-added or high-tech products, including electronics and photoelectronics products, increased rapidly, the customs said.
The EU has been China’s largest trading partner for more than a decade, while China is one of the biggest sources of imports for the EU. Bilateral trade amounted to $3.51 trillion in 2015. – China Daily/ANN