Tuesday, August 04, 2020

Ticon aims for top position, reports Bt261m profit

Jun 04. 2018
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By The Nation

Ticon Industrial Connection Plc president Sopon Racharaksa said on Monday the property firm would continue pursuing its three-year roadmap, focusing on expansion into new businesses, developing more industrial properties for rent and reinforcing its expertise and properties in strategic locations, ready to support various industries and Thai and foreign investors.

Sopon said the company is confident the roadmap would ensure solid performance and make Ticon “the No 1 player in Southeast Asia by 2020”.

The company announced net profit of Bt260.84 million, an increase of 173 per cent year on year, while the occupancy rate of its leasehold properties has risen to 71 per cent.

The company attributed this to business expansion under its roadmap and effective use of a “Total Dimension” strategy.

The company also reported total revenue of Bt1.11 billion in the first quarter of this year, a 104.6-per-cent rise compared to the same period last year.

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