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Thailand Electronics Firm Targets 45 Percent Growth.

Bangkok Post (Bangkok, Thailand)

| March 11, 2003 | COPYRIGHT 2003 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

Byline: Srisamorn Phoosuphanusorn

Mar. 11--After two years of business restructuring, Team Precision Plc, the first listed company on the Market for Alternative Investment (MAI), expects revenues to grow by as much as 45 percent this year along with improved profit margins.

The electronics firm is also set to move to the Stock Exchange of Thailand this year.

Managing director Chakkaphant Manutsathit said growth forecast was based on a higher profit margin, material cost-control improvements and the global cyclical upturn in the electronics export industry.

The printed circuit board assembler posted revenue of 735 million baht in 2002, ...

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Source: HighBeam Research, Thailand Electronics Firm Targets 45 Percent Growth.

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