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Byline: Srisamorn Phoosuphanusorn
Apr. 4--Assuming the revival of the property market continues, CPAC Roof Tile Co expects to stay profitable this year with a projected 15 percent increase in sales.
The joint venture between the Siam Cement Group and Lafarge of France emerged from the red in 2000, after three years of consecutive losses during which its annual sales fell to half those before the recession.
The company turned its performance around by focusing on individual home owners instead of developers of housing projects, which had been hit hard by the financial crisis, said Ulrich Glaunach, Lafarge Roofing's chief executive, during a ...