Mr. Weerapon Chaiteerat, Managing Director of Chai Watana Tannery Group (CWT), revealed that in the year 2021, the company has set a target for revenue growth of more than 30% from the previous year and has the opportunity to set a new record from 3 The main businesses are: 1. Leather products, approximately 1,400 million baht, which is the company’s main income. New orders are started continuously from major customers. 2. Energy group about 350 million baht, where the company currently has a biomass power plant with a capacity of 9.9 megawatts (MW) and a solar power plant with a capacity of 5.0 megawatts.
3. Investment in Sakul C Innovation Co., Ltd. or SKC, which is expected to earn approximately 400 million baht, with SKC being the first innovation leader in aluminum vehicles and boats in Thailand. It is in the process of developing a diesel bus and an EV bus, which is expected to be registered with the Department of Land Transport and delivery by the end of 1Q21 from an EV boat production order for Banpu Next. And partners and minibuses with more than 200 orders will begin to gradually ship from 2Q21.
“Performance trends this year There is an opportunity to set a new record. From revenue recognition in 3 businesses, both in the movie business Which is the main income Power plant business that is Recurring Income and electric vehicle business that is New S-Curve drive business growth exponentially in the future by “Sakkasi” preparing to deliver diesel buses. Along with the development of the EV bus, which is believed to be a modern vehicle with a genuine Thai brand that will receive a good response in the future, “said Mr. Weeraphon.
Mr. Weerapon said the company is in the process of preparing to bid for the Power Purchase Futures Agreement (PPA) for additional government waste power plants. Since the company has been awarded a contract to operate the municipal solid waste management and disposal project under Green Power 1 Company Limited (GP1), developed in collaboration with Serowest Company Limited.
Currently, it is in the process of developing the area and constructing the RDF community solid waste conversion plant, and the company will start the study and design of the RDF power plant project together with the Nakhon Sawan municipality. To develop into the operator of the RDF power plants up to 10.0 MW under the Renewable and Alternative Energy Development Plan (AEDP), which if additional work can be bidding, it will be one factor that will support the results. To operate continuously and sustainably
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