Post by account_disabled on Dec 20, 2023 5:09:22 GMT
ECF business in 1Q22 is in good form with export and domestic furniture orders rising. Prepare to book income from other businesses, increase ECF in 1Q22, good form, furniture export business continues to grow. In the country, expand online distribution channels and modern trade, pump up sales, prepare to recognize income from other businesses to support this year's income to grow 12-15%, aiming to pay dividends of 0.0157 baht per share, scheduled to be paid on 20 May. 65 Mr. Arak Suksawat, Managing Director of East Coast Furnitech Public Company Limited (ECF), manufacturer and distributor Particleboard furniture Rubber wood furniture Sold both domestically and abroad. Revealing the business trend in the 1st quarter of 2022, there are good signs, with the international market showing significant growth.
From new customer groups the company Job Function Email Database has expanded its furniture sales base and exported to India. and the United States The number of orders for products continues to increase. The domestic market focuses on stimulating sales through new distribution channels. Create a variety of product distribution channels Reduce reliance on just one channel, such as selling online. A leading modern trade store with branches nationwide. and increase distributors in other provinces and major cities In addition, the policy of opening the country Receive tourists and government relaxation measures To stimulate the economy and purchasing power In addition, it is the high season for the furniture business. Business overview in 2022, the company focuses on creating growth.
This year, the company aims for total revenue growth of not less than 12-15% along with increasing the ability to make a profit from the furniture business. energy business Currently, there is a solar power plant project in Myanmar. Construction of Phase 2 is in progress and is expected to be completed within this year. and will accelerate the construction of Phase 3 and Phase 4 for a total production capacity of 220 megawatts to begin commercial electricity distribution as soon as possible. 632867-e1649301991636.jpg For other businesses that are in the process of starting their business operations, such as the digital currency mining business. It is expected that income will be recognized during the 1st quarter of 2022, while in the 2021 operating results, the company has total income from all business groups of 1,600.80 million baht, an increase of 185.18 million baht or 13.08% from the same period last year that had income.
From new customer groups the company Job Function Email Database has expanded its furniture sales base and exported to India. and the United States The number of orders for products continues to increase. The domestic market focuses on stimulating sales through new distribution channels. Create a variety of product distribution channels Reduce reliance on just one channel, such as selling online. A leading modern trade store with branches nationwide. and increase distributors in other provinces and major cities In addition, the policy of opening the country Receive tourists and government relaxation measures To stimulate the economy and purchasing power In addition, it is the high season for the furniture business. Business overview in 2022, the company focuses on creating growth.
This year, the company aims for total revenue growth of not less than 12-15% along with increasing the ability to make a profit from the furniture business. energy business Currently, there is a solar power plant project in Myanmar. Construction of Phase 2 is in progress and is expected to be completed within this year. and will accelerate the construction of Phase 3 and Phase 4 for a total production capacity of 220 megawatts to begin commercial electricity distribution as soon as possible. 632867-e1649301991636.jpg For other businesses that are in the process of starting their business operations, such as the digital currency mining business. It is expected that income will be recognized during the 1st quarter of 2022, while in the 2021 operating results, the company has total income from all business groups of 1,600.80 million baht, an increase of 185.18 million baht or 13.08% from the same period last year that had income.