AAPICO Hitech aims for revenue growth of 10%
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AAPICO Hitech Plc targets total revenue growth of up to 10 per cent in 2018 compared with 2017, thanks to the recovery in the auto industry with estimates that car production capacity will reach 2.2 million units in 2018, the company’s chief executive officer Swee Chuan Yeap said yesterday.
The company will targets revenue from domestic market at 72 per cent of its total revenue next year, with 24 per cent from Malaysia and 4 per cent from the China market.
In the first nine months of this year, the company reported total revenue Bt12.13 billion and net profit Bt799 million, up 8.2 per cent and 90 per cent, respectively, from the same period of last year.
