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SUTHA believes that the demand for lime will recover after the Covid-19 subsides, supporting the revenue target of 1.3 billion baht. : InfoQuest

Mr. Somchai Jatuthanon, Senior Executive of Sales, Marketing and Logistics Golden Lime Public Company Limited (SUTHA) revealed that the company is confident that the year’s revenue will meet the target of 1,300 million baht because it believes that after the epidemic situation of the Covid-19 virus Solving will support the overall demand for quicklime to return more. Especially in the construction industry, it is expected to recover quite well.

And the lime price is still in the range of rising. Due to the overall economic recovery around the world Help the demand for lime to increase. both in the construction industry steel industry Including the sugar industry that is in a better condition due to the continued rising sugar prices as well.

While the company has full control over the production line. Although in the past there were some infected people in the factory. But the amount is not large and still quite controllable.

“In 65, there are still opportunities for continued growth. from the price that remained stable at a high level and higher demand following the economic recovery and various industries to grow back This also supports the demand for lime that has increased. Although this year is affected by the epidemic situation of Covid-19 quite a lot, but it is considered that we have been in good control. and can come through.”

Mr Somchai said

In terms of transportation costs that have been rising continuously in the past. Confirm that the company is not affected Since the company mainly sells products in the country of 90%, the main customers are steel, 35%, sugar, construction materials, chemicals, each group is about 10%, while foreign sales account for 10%.

At the same time, the company still has an acquisition (M&A) plan. in order to help support the growth of the company in the future

By InfoQuest News Agency (29 Sept. 64)

Tags: SUTHA, Somchai Jatuthanon, Suthakan, Thai stocks