Stock dimension – SUSCO Targeting oil sales in 2024 Grow 10% Expected sales of EV electric cars Around 6,000 Cars support growing profits
SUSCO or Susco Public Company Limited by “Chaiyarit Simarot” The Managing Director revealed that the company aims for revenue from oil sales in 2024 to grow 10% from last year’s sales of approximately 1 billion liters, supporting revenue growth of more than 30 billion baht from the continuous expansion of branches by approximately 10. branches and expand another 2 large branches or SUSCO SQUARE (currently there are 2 branches) on the Thonburi and Lam Luk Ka sides to meet the lifestyle needs of customers. From this year’s investment budget of approximately 500 million baht.
electric car sales EV overflow
In addition, the business of distributing EV electric cars for BYD last year saw an increase in sales from 800 vehicles at the Motor Expo at the end of the year. It is considered a business with a future because BYD has become number 1 in global electric vehicle sales with No risk. The battery warranty covers 8 years, which other EV manufacturers still can’t do.
Oil sales continue to recover Q1/67
Krungsri Patanasin Securities stated that it expects oil sales in Q4/66 to continue to recover until Q1/67, which is the travel season which will push up oil sales volumes. Including the expansion of approximately 5-10 additional branches per year to 260 branches in 2023. In addition, the gross profit margin trend has improved to 1.60-1.70 baht/liter. As for the EV sales target for BYD this year, the company has set Target approximately 6,000 vehicles, target 6.80 baht/share.
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2024-01-15 12:51:01
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