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Concrete pile firm emerges from the red.
Byline: Nuntawun Polkuamdee
Jun. 4--General Engineering Plc, a market leader in pre-stressed concrete piles and other construction materials, hopes to clear its remaining accumulated losses of 104.5 million baht by the end of the year, according to president Vichaya Chatikavanij.
Mr Vichaya said the company currently had a backlog of 400 million baht worth of projects, excluding potential new jobs for expressways, the Siam Paragon and Platinum Fashion Mall projects and the airport link project.
He said the contracts were now mostly private-sector projects that were less likely to be delayed, and expressed confidence that the company could show ...
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Source: HighBeam Research, Concrete pile firm emerges from the red.