TTW eyes 10% profit rise | Bangkok Post: business

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TTW eyes 10% profit rise

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Thai Tap Water Supply Plc (TTW), Thailand's biggest private tap-water supplier, is aiming for 10% growth in net profit this year, outpacing its 1% revenue growth target. 

Revenue growth is expected to rise marginally from last year, which benefited from a one-off 347-million-baht tax rebate, accounting and finance director Somkiat Pattamamongkolchai said yesterday. 

However, he estimated that its revenue for the first three months of 2014 will be close to the amount in the same period last year.

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