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Eastern Wire to maximize steel benefits.
Byline: Busrin Treerapongpichit
May 4--Eastern Wire Plc (EWC), an investment holding company, will expand its investments in steel manufacturing to maximise the benefits of its subsidiaries, according to director Pirom Priyawat.
"Businesses related to the steel industry provide an estimated return on investment of at least 15 percent, so it is an opportunity for the company," he said yesterday.
The company projects its revenue will grow by 15 percent this year in line with the average growth of the steel industry. It reported a net profit of 257 million baht for 2004, up from 8.2 million a year earlier.
Last year, EWC invested in Rayong ...
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- Suriya's brother lifts stake in EWC to 17%.
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...Treerapongpichit, Bangkok Post, Thailand Knight Ridder/Tribune Business News Sep. 24--The share par value of Eastern Wire Plc (EWC), a manufacturer of electrical cables, will be split to five baht from 10 baht next month to increase trading...
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- Newspaper article from: Bangkok Post (Bangkok, Thailand) January 6, 2006 700+ words
...seeks to strengthen its financial position. The new investors are Pirom Priyawat, a former managing director of eastern Wire Plc (EWC); Panuwat Vorapityankul, managing director of JJ Land Development; and Chatri Sophonbannarak, the chairman...
Source: HighBeam Research, Eastern Wire to maximize steel benefits.