The electrical equipment company registered net profit of Bt253.38 million in 2017, down 12.08 per cent compared to the previous year. Earnings were over Bt2.8 billion last year, a slight increase over 2016 earnings of Bt2.799 billion.
Paibul said that 2018 promises growth for the company, with a large number of government and private-sector projects.
The company now has a backlog worth Bt2 billion, of which 80 per cent will be realised this year.