Wednesday May 27, 2020 19:09

BILLION Press Releases

Economic slowdown and oil price war bring down Thai listed companies’ first-quarter net profit Stcoks—25 May 20

Q1 total sales down 4.3 pct y-o-y to THB 2.68 trillionNet profits fell 60.5 pct y-o-y to THB 98.52 billion during Jan-MarFood & Beverage, Finance & Securities and Packaging sectors reported earnings growth. BANGKOK, May 22, 2020 - Securities

mai-listed firms post first-quarter net profit of THB 717 million Stcoks—25 May 20

Q1 aggregate net profit down 58.58 percent y-o-y to THB 717 millionCombined sales down 1.56 percent to THB 42.13 billionResources industry group recorded sales and net profit growth. Companies listed on Market for Alternative Investment (mai) reported

Fitch Downgrades Esso (Thailand)'s Bills of Exchange to 'F2(tha)' from Stcoks—22 May 20

Fitch Ratings (Thailand) has downgraded the National Short-Term Rating on Esso (Thailand) Public Company Limited's (Esso) bills of exchange revolving programme of up to THB12 billion to 'F2(tha)' from 'F1(tha)'. The maturity of each series of bills is no

XCMG Jumps up to Global Top Four on KHL's Yellow Table 2020 Continuing to Lead Chinese OEM Energy—20 May 20

With revenue of USD 11.162 billion, XCMG (SHE: 000425) has moved up to 4th place in the ranking of the world's top 50 construction equipment manufacturers, according to the Yellow Table 2020 released by British publisher KHL Group. XCMG once again leads

CRISIL has Reaffirmed 'CRISIL AAA / Stable' Rating on INR 36.5 Billion NCDs of Embassy Office Parks Properties—19 May 20

On 16 May 2020, CRISIL reaffirmed the 'CRISIL AAA/Stable' rating on INR 36.5 billion non-convertible debentures (NCDs) of Embassy Office Parks REIT (NSE: EMBASSY) (BSE: 542602) ('Embassy REIT'). Mike Holland, Chief Executive Officer of Embassy REIT,

Zoomlion Reports First Quarter 2020 Results Events—19 May 20

Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) announced financial results for its first quarter on April 29. Operating income was 9.066 billion yuan (USD 1.276 billion), 49.9 million yuan (USD 7.05 million) increase versus the

SET market report for April 2020 Stcoks—12 May 20

The Stock Exchange of Thailand (SET) Index ended April at 1,301.66 points, gaining 15.6 percent from the preceding month, while the average daily trading value of SET and Market for Alternative Investment (mai) surged 28 percent to THB 68.09 billion

BTS Group Green Bond wins the Best Green Bond Award 2019 Stcoks—08 May 20

BTS Group Holdings PLC has won the "Best Green Bond Award”, in the category of Best Deal - Transport and Infrastructure, at The Asset Triple A Sustainable Capital Markets Regional Awards 2019. The 13 billion baht multi-tranche senior and unsecured

FutureTales Lab by MQDC Warns of 5 Dangers for Kids amid School Closures General—07 May 20

In response to the COVID-19 outbreak the Ministry of Education has postponed the start of term from mid-May to 1 July 2020. Schools are currently closed in 186 countries, affecting up to 1.3 billion students, or 73.8% of children and teenagers

KBank sets aside 1 billion Baht for small SMEs to keep more than 41,000 workers under the Stcoks—05 May 20

After the launch of the “Generous (Business) Owners - Empathetic Creditor” initiative in mid-April, KASIKORNBANK (KBank) continues to provide assistance to SME businesses. Recently, the “Zero Interest-rate Loan to Retain SME

Yiling Pharmaceutical to Increase Productivity of Lianhua Qingwen Heathcare—05 May 20

Yiling Pharmaceutical (002603.SZ) announced to launch the productivity-improving project of Lianhua Qingwen, a traditional Chinese medicine (TCM) used mainly for the treatment of colds and viral influenza. The Company is set to produce 7.5 billion

Xinhua Silk Road: Chinese dairy firm Yili's revenue rises 13.41 pct in General—30 Apr 20

Inner Mongolia Yili Industrial Group Co., Ltd., one of the Chinese dairy giants, has registered revenue of over 90 billion yuan last year, up 13.41 percent year-on-year, ranking No.1 in the Asian dairy industry for six consecutive years. Its net profits


Kiatnakin Bank has joined forces with Generali Thailand in a charity project called KKGEN PROTECT OUR HEROES to provide Covid-19 insurance to medical professionals in five public hospitals across the country. Under the project, up to 8,000 insurance

Huawei Announces Q1 2020 Business Results IT—22 Apr 20

Huawei today announced its business results for the first quarter of 2020. In Q1 of this year, Huawei generated CNY182.2 billion in revenue, an increase of 1.4% year-on-year. The company's net profit margin in Q1 2020 was 7.3%. As COVID-19 continues

KTC Q1/2020 grew both in income and profits. Getting up to speed in business operation adjustments, Stcoks—20 Apr 20

KTC reports its Q1/2020 business operations according to the new TFRS9 standard, announcing a net profit of 1.641 billion. Strong growth for credit card receivable, financial cost, and non-performing loans (NPL) were at a satisfactory rate. The firm is


Siam Commercial Bank and its subsidiaries reported net profit (based on unreviewed consolidated financial statements) of Baht 9.3 billion, up 1% yoy, in the first quarter of 2020. Higher net profit was driven by top-line growth of 9% yoy and lower

SCB is granted preliminary approval for subsidiary business in Myanmar with targets of Events—10 Apr 20

Now being granted a preliminary approval to prepare for commencement of operations as a subsidiary bank in Myanmar, Siam Commercial Bank (SCB) is ready to provide corporate, SME, and retail clients in the emerging market with total financial solutions

With 116 Percent Profit Growth in 2019, Zoomlion Delivers Best Operating General—09 Apr 20

Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) has reported a 116.42 percent increase in profit attributable to shareholders of the listed company to RMB 4.371 billion (USD 616.18 million) for the year ending December 31, 2019, in

ฟอร์บส์ สื่อดังระดับโลก ติดตามภารกิจมหาเศรษฐีโลกรวมใจสู้ภัยโควิด-19 มีชื่อ “ธนินท์ Events—03 Apr 20

รายงานข่าวจากเครือเจริญโภคภัณฑ์ เปิดเผยว่า ล่าสุดเว็บไซต์ FORBES.COM สื่อดังระดับโลกเผยแพร่บทความ Billionaire Tracker: Actions The World’s Wealthiest Are Taking In Response To The Coronavirus Pandemic

Ontario Teachers' net assets at $207.4 billion at year-end 2019 Stcoks—01 Apr 20

Ontario Teachers' Pension Plan Board (Ontario Teachers') today announced a total-fund net return of 10.4% for the year. Net assets reached $207.4 billion as of December 31, 2019, a $16.3 billion increase from December 31, 2018. Ontario Teachers' earned

Huawei Maintains Steady Growth in the Enterprise Market in 2019 IT—01 Apr 20

Huawei released its 2019 Annual Report yesterday, detailing a solid business performance. The company's global sales revenue in 2019 rounded off at CNY858.8 billion, up 19.1% year-on-year. Huawei has maintained steady growth in the enterprise market and

Nearly 55 billion yuan investment attracted, Zhongshan speeds up resumption of work and General—01 Apr 20

Holding conferences and signing contracts via video conferences are the new measures adapted by Chinese cities, like Zhongshan, to tackle with the impact of COVID-19 epidemic. With the help of big data, cloud platform and other new technologies,

Johnson & Johnson Announces a Lead Vaccine Candidate for COVID-19; Landmark New Partnership Heathcare—31 Mar 20

Johnson & Johnson and BARDA Together Commit More than $1 Billion to Novel Coronavirus Vaccine Research and Development; Company Expects to Initiate Phase 1 Human Clinical Studies of Vaccine Candidate at Latest by September 2020 Johnson & Johnson

Country Garden Releases Financial Results for 2019 General—30 Mar 20

- Positive Net Operating Cash Flow for Four Consecutive Years Backed by Steady Improvement in Sales Performance - Total Revenue reached US$68.5 billion, while net profit stood at US$8.6 billion - Gross profit, net profit and other core earnings

The Groundbreaking Ceremony of Tongwei Solar 30GW High-performance Solar Cell and Supporting Energy—27 Mar 20

On March 25, the groundbreaking ceremony of Tongwei Solar Photovoltaic Industrial Base Project was held in Huaizhou New Town, Jintang County, Chengdu, China. With total investment of about CNY 20 billion, Tongwei Solar Photovoltaic Industrial Base

Thai-based global company recycles 50 billion PET beverage bottles in a decade Indorama Ventures Events—24 Mar 20

Indorama Ventures Public Company Limited (IVL), a global company listed in Thailand has recycled 50 billion PET bottles since 2011. The equivalent of over 200,000 elephants in weight. This major global recycling milestone saved three million barrels of

Krungsri Auto underlines sustainable growth strategy for 2020 To support the stability of Stcoks—05 Mar 20

Krungsri Auto, a leader in automotive finance under Bank of Ayudhya PCL, today announced its 2019 performance with 14% growth in loan outstanding, valued at 418 billion baht. To maintain sustainable growth, the automotive finance service provider

Fitch Affirms Siam Makro at 'A(tha)'; Outlook Stable Stcoks—20 Mar 20

Revenue growth of 4%-5% in 2020 and increasing to 9%-10% a year in 2021-2022EBITDAR margin to remain at about 5.6% in 2020 and gradually improve in 2021-2022Total capex of THB7.5 billion-8 billion a year in 2020-2021 and THB5 billion-6 billion in 2022,

BGRIM acquires Ang Thong Power’s 70% stake for 2.5bn baht Energy—18 Mar 20

BGRIM acquires Ang Thong Power’s 70% stake for 2.5bn baht Consistently to sustainable growth roadmap B.Grimm Power Plc (BGRIM) has sealed a 2.52-billion-baht deal for a 70% stake in Ang Thong Power Co (ATP), a small power producer. The

mai-listed companies post 2019 robust net profit growth Stcoks—16 Mar 20

Total sales up 2.6 pct to THB 185.16 billionNet profit jumped 91.9 pct to THB 9.88 billionSales growth increased Companies listed on Market for Alternative Investment (mai) reported combined sales of THB 185.16 billion (approx. USD 5.88 billion) in