Post by account_disabled on Dec 25, 2023 2:55:52 GMT -1
Dr. Phongthon Tharachai, Chief Executive Officer of Project Planning Service Public Company Limited (PPS), revealed that from the situation of the spread of the COVID-19 virus in the first half of the year. Although construction projects can continue But the company has been affected by restrictions on working hours. Government emergency measures Including policies to control entry and exit of areas in some provinces. The company has adjusted the construction plan together with the owners and contractors to reduce the impacts. This allows construction to continue as planned.
For business direction B2B Email List in the second half of the year From the above situation, it is expected that there will be a continuous impact on private sector project customers who are the main customers of the company. The projects that will come out during this period are expected to be the work of the government sector which has begun to gradually invest in projects according to the infrastructure development plan to stimulate the economy. This will have a procurement process and personnel qualifications that are different from those of private sector customers. The company is therefore preparing to recruit new personnel and develop the potential of existing employees. To create additional opportunities to receive work in both mega projects and EEC group work.
However, the company received large government and private project work at the end of 2019, which began according to the construction plan in the second quarter. It also received new project work from the expansion of branches of the Modern Trade business group. The company Still moving forward to bid for new work continuously. Currently, the company has a backlog of 530 million baht, which will gradually recognize revenue until 2025. For the operating results for the 1st quarter of 2020 (the company requested a waiver during the announcement of the 1st quarter budget ofng to 20.07 million baht or a decrease of 168.80%. However, the company's operating results decreased. This is because the company's existing large projects have begun to enter the delivery phase. The company has increased administrative expenses from rent and other expenses related to office space expansion.
For business direction B2B Email List in the second half of the year From the above situation, it is expected that there will be a continuous impact on private sector project customers who are the main customers of the company. The projects that will come out during this period are expected to be the work of the government sector which has begun to gradually invest in projects according to the infrastructure development plan to stimulate the economy. This will have a procurement process and personnel qualifications that are different from those of private sector customers. The company is therefore preparing to recruit new personnel and develop the potential of existing employees. To create additional opportunities to receive work in both mega projects and EEC group work.
However, the company received large government and private project work at the end of 2019, which began according to the construction plan in the second quarter. It also received new project work from the expansion of branches of the Modern Trade business group. The company Still moving forward to bid for new work continuously. Currently, the company has a backlog of 530 million baht, which will gradually recognize revenue until 2025. For the operating results for the 1st quarter of 2020 (the company requested a waiver during the announcement of the 1st quarter budget ofng to 20.07 million baht or a decrease of 168.80%. However, the company's operating results decreased. This is because the company's existing large projects have begun to enter the delivery phase. The company has increased administrative expenses from rent and other expenses related to office space expansion.