PROS aims for 3 years, income growth of 10-20% per year, ready to trade on mai this 27 April.

April 16, 2021


“Prosper Engineering” set a target for 3 years, average income growth of 10-20% per year, moving forward in bidding for ten billion new jobs per year, hoping to increase the proportion of government jobs to 50%. Backlog in hand already 2 billion know this year 1.3-1.4 billion latest knock IPO price 2 baht per share reserve 19-21 April Trade mai this 27 April.

Mr. Pongthep Ratanasangsawang, Chief Executive Officer of Prosper Engineering Public Company Limited or PROS, revealed that the companySet goals for the next 3 years (Year 2021 – 2023), revenue growth of 10-20% per year, Net Profit Margin at the level of 6-7%. The company is preparing to bid for more government works this year expects the income proportion to increase to 20-30% from a relatively small percentage. And in the future, the target is to have a percentage of income from government jobs no more than 50%, focusing on selecting skilled jobs and making regular income as the main

At the same time for bidding for new jobs averaging at the level of 10,000-12,000 million baht per year. And normally the company will have a new job and recognize the average annual income of about 1,000-1,500 million baht. In the first 3 months of this year Has entered the auction for 3,000 million baht. So for the rest of the year Expect new jobs To the market for about 8,000-9,000 million baht, which the company waits for the auction continuously

At present, the company still has backlogs of approximately 2,000 million baht, divided into works from the year 63 approximately 700 million baht and new jobs this year approximately 1,300 million baht. Will recognize this year approximately 1,300-1,400 million baht

“Covid Ripple Situation 3 Uncontrollable factor But the company is still good at having a backlog to support Existing customers And state customers make direct payments throughout There is no problem in income recognition. And Thai people are better at dealing with this situation. Which the atmosphere of entering the trade is expected to go well However, we have never lost a loss, we still grow and dividend always

Recently, PROS is preparing to sell an IPO of 140 million shares at a par value (par) of 0.50 baht per share, IPO price is 2 baht per share, the IPO subscription date is scheduled between 19-21 April ’64.

It is expected to be listed on the Market for Alternative Investment (mai) Real Estate and Construction Group on April 27, ’64 for the first day by appointing two other co-underwriters and guarantees: 1. Finansia Syrus Securities Public Company Limited and 2. Trinity Securities Company Limited

Mr. Phongthep said that the amount of funds raised Have plans to invest in machinery And additional construction equipment Within 2021-2022 It is expected that the investment will be 30 million baht and the remaining amount of approximately 250 million baht.

Ms. Phatchaphon Sankburanurak Managing Director Investment Banking Department KGI Securities (Thailand) Public Company Limited, as the Underwriter and Guarantee for the Initial Public Offering of Newly Issued Ordinary Shares (IPO) of Prosper Engineering Company Limited ( Public Company) or PROS disclosed at the Underwriter contract that the IPO price is 2 baht, P / E is 22 times compared to companies with similar businesses with P / E about 40 times, the said P / E level has not yet. Have considered the performance in the future

The 140 million PROS IPO shares are allocated to two components, comprising approximately 20% of the company’s loyalty groups such as employees, directors, and approximately 80% of the shares are allocated to the distributors’ patrons. Securities All major holders assure the rest of the partners from Silent to lock up all



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