DEMCO is confident of doubling its revenues during 2010
Source – Thai News
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Date – September 8, 2010
Demco Plc (DEMCO), the Market for Alternative Investment (MAI) listed distributor and installer of high voltage transmission lines on a turnkey basis, said that it expects the revenues for the second half of the year to be better than those seen during the first half of the year.
Phongsak Siricupta, deputy managing director of DEMCO, disclosed that the performance of the first half this year has seen revenue of 1.386 billion Baht, increasing from 739.17 million Baht of last year by 87.59%. The net profit was 64.57 million Baht, increasing by 6,230% from 1.02 million Baht of last year. He believed that the second half would continue to see a good performance like those of first half and expected revenue would grow from last year by 100%.
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