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KJL presents 2022 Year End results and company growth direction in 2023 – Stock Dimension


Stock dimension – Mr. Kasemsan Sujiwarodom (Right), CEO, Mr. Pongsakorn Prawetwatanakul (Left), Director of Accounting and Finance Kitcharoen Engineering Electric Public Company Limited or KJL jointly presents the Year End 2022 performance and the company’s growth direction in 2023 at the Opportunity Day event on an online platform for listed companies. In the last 65 years, the company’s performance has grown from standard product sales. and more production orders It is considered as the product group that has the highest share of the company. The increase in sales was in line with the economic recovery. Expansion of electric vehicles (EV) and renewable energy Including expansion of public and private investment in the EEC, where the company has business prospects in 2023. The company has set an investment budget of approximately 250 million baht, divided into support for investment in production machinery. and using Industry 4.0 production management technology to increase production efficiency, including laser cutting machines Computerized punching machine, bending machine and automatic bending robot, about 150 million baht. Investment in solar roof installation is 25 million baht, construction of new buildings is 50- 60 million baht, and the remaining 15-25 is used for the renewal of the instrument. Various equipment in the factory and the company has set a growth target in the period of 5 years (2023-2027) The company aims to generate an average revenue growth of at least 10-15% per year and has a product expansion plan. Currently, there are more than 700 items in Kitcharoen Engineering Electric Public Company Limited recently.

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