Post by account_disabled on Jan 2, 2024 4:35:28 GMT
FLOYD shows off results for the second quarter of 2019 with a net profit of 15 million baht, an increase of 46.10%, and service income of 128.30 million baht, an increase of 52.96% from the gradual recognition of income from condominium work. and department store work "Tossaporn Chittaweera" MD estimates that the performance trend for the second half of the year will grow better than the first half of the year. Receive government economic stimulus policies It is expected that there will be an acceleration of investment in infrastructure work. Especially the various colored electric train lines, enhancing confidence in the private sector for continued investment. and has a positive impact on FLOYD, ready to bid for new work to stock up on additional work on hand Mr. Tossaporn Jittawira, Managing Director of Floyd Public Company Limited or FLOYD, an electrical system installation contractor. Utilities Engineering and integrated machinery revealed that the company's operating results for the second quarter of 2019 (1 April - 30 June 2019) the company had service income of 128.
30 million baht, an increase of 44.42 million baht or 52.96% compared to In the same period of the previous year, income was 83.88 million baht, with income from the company's services. It comes from the recognition of income from high-rise building work and horizontal work, which is department store work. and other improvements and additional work, resulting in the company Able to gradually recognize income from services continuously with a net profit of 15.53 million baht, compared to the same period of Last year, there was a net profit of 10.63 million baht, an increase of 4.90 million WhatsApp Number List baht or an increase of 46.10%. “The results are considered to be at a good level. Although the overall economy and investment in the first half of the year slowed down, however, the company focused on controlling service costs and administrative expenses continuously. for the company There will be a profit from operations. and ready to expand growth Go ahead and take on additional work in the second half of the year. Receive an overall picture of the economy and investment in the country recovering," Mr. Tosaporn said.
Mr. Tossaporn went on to talk about the operating results trend in the second half of the year. It is expected to grow more than in the first half of the year. After the government announced its policy and expected measures to stimulate the economy, Including investment in infrastructure in the field of transportation. It will stimulate the overall economy and investment in the country. The private sector has gained confidence Gradually launching more new projects. and has a positive impact on FLOYD, which is one of the contractors for installing complete systems. That is recognized for both the quality of work and fast service with a team of experienced engineers who are experts in the business. As for the plan to bid for new work in the second half of this year, the company still focuses on maintaining old customer groups along with expanding new customer groups with standards for providing quality work according to engineering principles. and reasonable price Currently, the work in hand waiting to recognize income (Backlog) is approximately 180.54 million baht, which will gradually be recognized. Along with penetrating new markets in the Data Center business group according to the Thailand 4.0 policy and the government sector's high-speed internet promotion project that has made this business group grow exponentially, FLOYD therefore sees an opportunity to use its expertise in installation contracting. System work to meet customer needs In addition, the company still plans to open markets in other groups such as hospitals, factories, etc., including developing personnel to have knowledge and expertise.
30 million baht, an increase of 44.42 million baht or 52.96% compared to In the same period of the previous year, income was 83.88 million baht, with income from the company's services. It comes from the recognition of income from high-rise building work and horizontal work, which is department store work. and other improvements and additional work, resulting in the company Able to gradually recognize income from services continuously with a net profit of 15.53 million baht, compared to the same period of Last year, there was a net profit of 10.63 million baht, an increase of 4.90 million WhatsApp Number List baht or an increase of 46.10%. “The results are considered to be at a good level. Although the overall economy and investment in the first half of the year slowed down, however, the company focused on controlling service costs and administrative expenses continuously. for the company There will be a profit from operations. and ready to expand growth Go ahead and take on additional work in the second half of the year. Receive an overall picture of the economy and investment in the country recovering," Mr. Tosaporn said.
Mr. Tossaporn went on to talk about the operating results trend in the second half of the year. It is expected to grow more than in the first half of the year. After the government announced its policy and expected measures to stimulate the economy, Including investment in infrastructure in the field of transportation. It will stimulate the overall economy and investment in the country. The private sector has gained confidence Gradually launching more new projects. and has a positive impact on FLOYD, which is one of the contractors for installing complete systems. That is recognized for both the quality of work and fast service with a team of experienced engineers who are experts in the business. As for the plan to bid for new work in the second half of this year, the company still focuses on maintaining old customer groups along with expanding new customer groups with standards for providing quality work according to engineering principles. and reasonable price Currently, the work in hand waiting to recognize income (Backlog) is approximately 180.54 million baht, which will gradually be recognized. Along with penetrating new markets in the Data Center business group according to the Thailand 4.0 policy and the government sector's high-speed internet promotion project that has made this business group grow exponentially, FLOYD therefore sees an opportunity to use its expertise in installation contracting. System work to meet customer needs In addition, the company still plans to open markets in other groups such as hospitals, factories, etc., including developing personnel to have knowledge and expertise.