Sahathai gains as container demand rises
Sahathai Terminal Plc has announced a total revenue of Bt375 million and Bt36 million in net profit for the first quarter of this year , up 11 per cent and 71 per cent respectively from the same period of last year, the company’s chief executive officer Sauwakun Karuchit said yesterday.
The rise in the company’s revenue in the first three months was attributed to a 29 per cent increase in the demand for containers from the the same period last year amid the continuous growth in Thai exports.
“We expects our total revenue to grow by 10 per cent this year form 2017, thanks to demand form the export industry,” she said.
At the end of last year, the company reported a total revenue of Bt1.36 billion and a net profit of Bt61.73 million, according to the company’s report to the Stock Exchange of Thailand.
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