Demco eyeing Bt40-m revenue return from new subsidiary
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Demco Plc expects to generate Bt40 million a year in revenue from its subsidiary, Demco De Laos Co Ltd, when the plant starts operating in the third quarter.
Demco managing director Phongsak Siricupta added that the company’s tap water plant in Laos has a production capacity of 14,400 cubic litres a day.
With a 30-year concession, the company expects to increase that to 43,200 cubic litres a day by 2035, Phongsak said.
