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Thai Water Company Forecasts Strong Diversification in Revenue Sources.

Bangkok Post (Bangkok, Thailand)

| March 05, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Mar. 5--Eastern Water Resources Development and Management Plc (East Water) forecasts a major change in its revenue structure over the next three years, with sales from ancillary businesses increasing significantly.

Raw water supplies currently account for 90 percent of the company's revenues, with 10 percent coming from tap and drinking water and other businesses. Three years from now the ratio is expected to be 60:40. Sales from ancillary businesses are expected to be 400 million to 500 million baht in 2004.

Chief executive Wanchai Lawatanatrakul said that businesses outside the core raw water supply operation would receive half the company's ...

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