ASEFA planning for improved performance in 2018
After experiencing a profit decline for 2017, ASEFA PCL electrical equipment company is planning to grow by 15 per cent in 2018, said managing director Paibul Angkhananukul in a Friday press release.
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.
