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SUNDAY, September 24, 2023

State enterprises, businesses deliver THB160 billion in revenue

State enterprises, businesses deliver THB160 billion in revenue
WEDNESDAY, October 06, 2021

The State Enterprise Policy Office (SEPO) handed over to the state public revenue amounting to THB160.07 billion for fiscal year 2021 (October 2020-September 2021), director Pantip Sripimon revealed.

The revenue was collected from state-owned enterprises and businesses in which the Finance Ministry owned shares of below 50 per cent.

The collected money is higher than the expected estimate of THB159.8 billion.

Overall, state-owned enterprises have been affected by the Covid-19 crisis. SEPO said it had requested the enterprises for cooperation to continue delivering state revenues in accordance with budget documents and received “good cooperation” from the enterprises and the Vayupak Fund 1, which submitted additional dividends in September 2021.

The NESDB expects to collect public revenue of THB142.8 billion in fiscal year 2022 as state enterprises will still be affected by the Covid-19 pandemic.