Post by account_disabled on Jan 5, 2024 23:41:47 GMT -5
SMT announces 2019, continuing to turn around. After announcing that the entire accumulated loss had been wiped out. Ready to accelerate income generation from new customers who continuously come in Focus on reducing costs to increase profits. Promoting the strategy of producing products with high margins The entire automotive industry group and data center group Confident that sales for the whole year will meet the target of 2,400 million baht, or a growth of 40%, boasting that the first budget came out beautifully with a net profit of 18.09 million baht, growing 183% from the same period last year.
Mr. Prompong Chaiyakul, Executive B2B Email List Director and Chief Supply Chain Officer of Stars Microelectronics (Thailand) Public Company Limited or SMT revealed that the operating performance trend for the first half of 2019 is expected to have better growth compared to the same period last year. But the growth will be outstanding in the second half of the year. Due to negotiations with new customers, production may take time. Delivery of products is expected to occur in the 3rd and 4th quarters of 2019. “Year 62 was quite a challenging year. There are new products. and large customers come in I believe that this year in every Quarter will be able to make a profit as planned.
And after the shareholders approved clearing out the accumulated losses of more than 593 million baht, it was considered an unlocking of SMT and the company used a strategy to produce products with high margins as the main focus. Focus on diversifying the sales of each business and spreading out more customers. In order to spread the risk Reduce income fluctuations For the Optics, Box Build, Advance Packaging product groups, it is still a highlight that continues to grow. As for IC Packaging, the industry has weakened due to customers reducing inventory, but it will maintain the same income level as last year.
Mr. Prompong Chaiyakul, Executive B2B Email List Director and Chief Supply Chain Officer of Stars Microelectronics (Thailand) Public Company Limited or SMT revealed that the operating performance trend for the first half of 2019 is expected to have better growth compared to the same period last year. But the growth will be outstanding in the second half of the year. Due to negotiations with new customers, production may take time. Delivery of products is expected to occur in the 3rd and 4th quarters of 2019. “Year 62 was quite a challenging year. There are new products. and large customers come in I believe that this year in every Quarter will be able to make a profit as planned.
And after the shareholders approved clearing out the accumulated losses of more than 593 million baht, it was considered an unlocking of SMT and the company used a strategy to produce products with high margins as the main focus. Focus on diversifying the sales of each business and spreading out more customers. In order to spread the risk Reduce income fluctuations For the Optics, Box Build, Advance Packaging product groups, it is still a highlight that continues to grow. As for IC Packaging, the industry has weakened due to customers reducing inventory, but it will maintain the same income level as last year.