Brisk demand to lift KKC sales 25% | Bangkok Post: business

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Brisk demand to lift KKC sales 25%

The SET-listed supplier of air-conditioning and refrigeration parts, Kulthorn Kirby Plc (KKC), expects its revenue to rise by at least 25% to 11 billion baht this year and 15 billion next year thanks to rising global demand and revenue from a new subsidiary in Indonesia.

The company's revenue in the first half totalled 4.79 billion baht, up 132% year-on-year, with net profit surging 675% to 322 million baht from 48 million, said Chanachai Kulnoppaleark, group vice-president for finance.

Around 60% of its revenue came from exports and the rest from domestic sales. However, the global economic recovery has significantly pushed sales both domestically and internationally.

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columnist
Writer: Nuntawun Polkuamdee
Position: Business Reporter

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