Headline: GULF to seal joint venture deal with Binance to establish crypto trading center in 2Q22
Gulf Energy Development Plc. (SET: GULF) aims to complete a joint venture (JV) with Binance, the world’s largest cryptocurrency exchange, by the second quarter and then seek a license to operate cryptocurrency trading venues later this year. GULF has set aside THB100 billion for the five-year investment plan, with the goal of focusing on clean energy and investing in 4-5 hydroelectric dams in Laos with a combined capacity of 2,000-4,000 megawatts. Also, the company targets a 60% sales increase in 2022.
Headline: RS projects record earnings of THB5.1 billion in 2022
RS Plc. (SET: RS) projects record earnings in 2022, backed by a 43 percent increase in revenue to THB5,100 million from commerce and entertainment operations, as well as a THB1,000 million gain from ULife. The company expects to become a market leader in direct selling within three years and plans to launch Popcoin in 4Q22 to connect businesses in the ecosystem.
Headline: MICRO to offer loans for new motorcycles with the purpose of increasing interest rates to 24-36 percent
Micro Leasing Plc. (SET: MICRO) joined with Thammasak and Taweepol to launch Micro Plus Leasing, which would offer loans for new motorcycles with the purpose of increasing interest rates to 24-36 percent per annum and growing a new client base to top up revenue from leasing used trucks. Meanwhile, net profit increased 38.8 percent in 2021.
Headline: IRPC’s earning sees a bright outlook in 1Q22 as stock gains surge
IRPC Plc. (SET: IRPC)’s earnings see bright prospects this year as demands for oil and petrochemicals are on the rise with the latest oil price hit US$100 per barrel. Profitability is likely to increase greatly in 1Q22, boosted by stock gains. IRPC has set aside THB41 billion for the five-year investment plan. Analysts predict continued increases in petroleum and coal prices in 1Q22, recommending “BUY” on PTTEP and BANPU.
Headline: SABUY aims to double sales to THB2.5 billion this year by expanding its delivery service.
Sabuy Technology Plc. (SET: SABUY) expects to conclude the investment in three more brands of package delivery shops, from the present six brands, with a goal of expanding to more than 20,000 branches and raising revenue to THB2,000-2,500 million. Total revenue this year is predicted to increase 100 percent year over year from THB2,126.8 million in 2022.
