Rise in capacity
AAPico Hitech Plc will invest Bt1.8 billion to improve its production capacity this year, the company’s chief financial officer Yeap Xin Rhu said yesterday.
She added that the company is also studying the options of a joint venture firm or a takeover in Japan for its business expansion in the long term.
The investment budget will come from its cash flow and the issuance of Bt600 million in debentures, she said.
The company expects its total revenue to grow by up to five per cent this year thanks to Thailand’s auto industry’s growth of 11 per cent in the first half of this year, she said.
