Superblock looks abroad, targets revenue of Bt9-Bt10 bn
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Superblock, a diversified producer of lightweight blocks for the renewable-energy business, has targeted its revenue this year to range from Bt9 billion to Bt10 billion, up from actual revenue of Bt3.8 billion last year.
This year will see the company expand more into solar farms abroad, especially in China and Japan, with a target of 1,000 megawatts – up from a total of 20MW currently – via joint-venture and takeover platforms, said chairman Khumsup Lochaya.
Superblock now holds a total of 779.9MW in power capacity.
Last year, Superblock posted Bt522.21 million in net profit, up by 164 per cent from 2015, on revenue of Bt3.8 billion, up by 829 per cent.
