Date – January 27, 2012

Tirathai Plc (TRT), transformer manufacturer and distributor, aims to recognize 900 million Baht revenue this year and targets revenue to grow more than 20 percent thanks to increasing transformer orders.

Sumpan Vongphan, vice chairman of TRT, said TRT now has backlog for one billion Baht where 90 percent or about 900 million Baht should be delivered and recognized this year.

Meanwhile, TRT targets this year’s revenue to increase more than 20 percent compared with last year’s that should be greater than 1.78 billion Baht because orders of transformers continually increase.

Furthermore, TRT will try to maintain this year’s gross margin to be similar to last year’s that is not less than 20-25 percent and maintain market proportion to be suitable. 

Shares of TRT yesterday closed at 5.95 Baht