HoonSmart.com >> “Stars” Microelectronics “overflowing orders until September, taking the opportunity to increase their revenue target this year to nearly 3 billion baht from 2.51 billion baht, expected growth According to income, plus realized backlog of 50 million baht, budget of 60 million baht to improve machinery Support additional production capacity, next year, expand another factory of 10,000 sq m. The currency fluctuates without any impact. Year 20 shows profit 81 million baht.
Mr. Wirat Nungthai, Chief Executive Officer of Stars Microelectronics (Thailand) or SMT revealed that the company is preparing to adjust the revenue target in 2021 to increase the level of 3,000 million baht from the original target of 2,510 million baht, an increase from the previous year of 1,952.90 million baht, because the customer has confirmed orders in advance. Until Sep. 64, or equal to 75% of the first set income target The growth comes from all the electronic components products that the company operates.
”Profit is expected to grow in line with income. Previously aiming for a gross profit margin of 20%, we developed a product with a high margin. There is a more diversified product distribution. And develop new innovations In the electronic components group To offer to customers Currently, there are 8-9 customers from 1-2 customers, hoping that in the year 65, the revenue will grow up to 3 digits, “said Wirat.
Currently, the company has a backlog of approximately 50 million baht to be realized this year in total. The investment is prepared approximately 60 million baht. Improve machinery. Support for orders To produce at full capacity At the same time, it is expected that in 2022, investment will be approximately 100-150 million baht to construct a factory, expand an additional 10,000 square meters from two factories, an area of 30,000 square meters, to build confidence for customers. That the company has a space that can support the production of orders Expect more orders And current technology that has become more involved in our daily life
Mr. Virat added. The company is a 100% exporter in many countries including Europe, the US and China. No significant impact Due to the import of raw materials in dollars And able to adjust the selling price in accordance with the rising exchange rate cost Including a team that closely monitors and manages currency risks.
In terms of performance in 2020, the company had a net profit of 81.39 million baht, down from a net loss of 39.37 million baht in 2019.
Number of audience
72
–
–
