Asia Green Energy eyes 30% growth
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Asia Green Energy targets revenue growth of up to 30 per cent this year thanks to strong demand for the use of coal in the cement industry and exports to China, chief executive officer Panom Kuansataporn said in a press release on Monday.
The listed company expects exports to account for 30 per cent of total sales value this year, against 20 per cent last year, by focusing on China, Vietnam and India, all of which have strong demand for coal, he said.
Last year, the company reported overall revenue of Bt4.66 billion and a net profit of Bt153.66 million, according to a report filed to the Stock Exchange of Thailand.
