Cal-Comp Electronics (Thailand) Studies 86.93% Revenue Surge in H1 2024, Proclaims Interim Dividend and New Manufacturing unit Openings

Cal-Comp Electronics (Thailand) has a revenue within the first half of this 12 months of 1,277.65 million baht, a rise of 86.93% from the identical interval final 12 months. and better than 2023 full 12 months revenue because of environment friendly value administration – much less curiosity burden Whereas the board gave the inexperienced gentle to pay an interim dividend for the primary half of the 12 months at a charge of 0.07 baht/share, executives revealed new factories in Samut Sakhon and Phetchaburi provinces. It’s nonetheless on schedule to open for enterprise within the second half of the 12 months. Supporting orders for prime margin merchandise Anticipated to drive robust working outcomes development sooner or later

Mr. Kongsit Chowkitcharoen, Managing Director of PCL Cal-Comp. Electronics (Thailand) or CCET introduced the outcomes for the primary half of this 12 months with a internet revenue of 35.03 million US {dollars}. (equal to 1,277.65 million baht) elevated by 86.93% in comparison with the identical interval final 12 months. It has generated robust development and is above the web revenue determine for 2023 with a internet revenue of 1,115.61 million baht, whereas gross sales income for the primary half of 2024 is at 1,856.42 million baht. (or equal to 67,639.23 million baht) has decreased by 14.50% in comparison with the identical interval final 12 months.

Within the second quarter of 2024, the corporate had a internet revenue of 19.96 million US {dollars}. (or the equal of 736.18 million baht) or a rise of 90.71% in comparison with the identical interval final 12 months. Gross sales income was 975.06 million US {dollars}. (or equal to 35,959.81 million baht) decreased by 10.61% in comparison with the identical interval final 12 months.

“The corporate’s income elevated. Because of environment friendly value administration Promoting and administrative prices decreased as a consequence of inner restructuring to cut back the general administrative prices of the corporate. and international subsidiaries Together with advertising and marketing and buyer administration prices which decreased in comparison with final 12 months. Together with decrease curiosity prices from utilizing the cash obtained from the capital enhance to pay money owed in monetary establishments to cut back the curiosity burden. resulting in vital development in working outcomes.”

The brand new facility may even produce customized orders with an preliminary deal with excessive margin merchandise akin to top quality printing and imaging merchandise (Laser Printers), SSDs, Wearable Units, and so forth. Moreover, the corporate’s international branches are in a position to meet new wants akin to Information Server, semiconductor gadgets. Good dwelling home equipment and surveillance techniques (IoT) and extra

On the identical time, the Board of Administrators assembly determined to approve the fee of interim dividends for the primary half of the 12 months ending June 30, 2024 to shareholders at a charge of 0.07 baht per share, the overall variety of shares eligible to obtain dividends. . 10,450,002,831 shares, whole 731,500,198.17 baht.