'L&E' sets a flag with annual revenue growth of 15-25%, penetrating IoT products

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‘L&E’ embroiderySet the annual income flag, grow 15-25% Pushgoods IoT – Strengthen the armyNew business

Mr.Nantes Kittiwittayakun Chief Executive Officer Lighting and Equipment Public Company Limited or THE Business leader manufacturing and distributing electric lamps Including major lighting equipment in Thailand and in the ASEAN region revealedthat Business plan in 2021 Believe that it will improve from the past year From the recognition of incomeofBacklog Presentthat 1,200 million baht, most of which are postponed events from 2020 And expected to recognize all this year alongSet a goal to grow 15-25% byStill business model “Total Lighting Solution Provider” To ensure that customers will receive the best service and able to respond to customers as well Under the digital economyTulsaThat we are facing now, the company will continue to pay special attention to the products and services related to IoT Which the company has developed until it can be said that it is at the forefront of the country There are many achievements in this field, such as Smart City. Koh Samui EHave a coldSurat Thani Smart street lamps at Wang Chan Valley, Rayong Province and electric lamps Smart Solar around 22 airports of the Department of Airports, etc. And it is likely that this business is growing rapidly.

Mr.Nun said For operating results for the year 2563 companiesStates Revenue from sales and services is 2,412 million baht, a decrease of 297 million baht from the previous year or 11 percent decrease.% As a result of different businesses Any Affected by the epidemic of COVID-19 Thus delaying investment and purchasing products from the company decreased As well as the unit price of some items, there is a drop. In addition, there are a number of projects worth approximately 256 million baht that customers request to postpone the assignments from 2020 to 2021.companyStates The net profit for the period was 37.1 million baht, a decrease of 35.1 million baht from the previous year or 49 percent.% This was a result of gross profit from total sales. Revenue decreased 156.7 million baht as a result of lower sales and service income. And gross margin decreased from 34.5% In 2019 it is 32.2%In the year 2020 because the companyStates Has sold a product with a higher gross margin in a reduced proportion In addition, some products have to adjust the selling price down. While reducing production costs is less. The selling and administrative expenses include interest expenses.Decrease 109 Million baht This was a result of expenses that varied according to the operating results dropped. And traveling and promotion expenses decreased, whichIt is affected by the epidemic of COVID-19. While the corporate income tax decreased 12.8 Million baht and equity of non-controlling interests 0.2 million baht

“year 2020 agoIt was a challenging year. From the spread of COVID-19 Resulting in various investments or projects slow downbody Coupled with the product price has fierce competition And product prices have to drop Affect sales”Said Anan.

Mr. Anan said that the Company attaches importance to sustainable growth. With a policy to maintain financial discipline And will maintain proportion D / E It is not an excessive investment risk problem. Still considering the shareholders as the main Even the results of the year 2563 Will decrease butMeeting of the Board of Directors Resolved to propose to propose to the Annual General Meeting of Shareholders for the year 2564 Consider paying dividend for the year ended December 31, 2018.3 byCash dividends are paid at the rate of 0.075 Baht per share, specifying the names of persons who are entitled to receive dividends (Record Date) A date 5 May 20184 And pay dividends at date 21 May 20184 The company will hold an annual general meeting of shareholders on April 28. 2564 To consider the said resolution