Mr. Phongthep Rattanasangsuang, Chief Executive Officer Prosper PCL. Engineering (PROS) revealed that the overall business outlook for the second half of the year has a positive trend. Planning has begun to allocate investment in the new fiscal year. and measures to stimulate the economy of the government to push up purchasing power This has caused confidence in investment and household spending to improve accordingly. Including the construction business sector that is continuing to move forward, covering both the public and private sectors. Therefore, the company was given the opportunity to submit a bidding envelope. and get work on new projects Even more diverse
The company is ready to move forward with its business at full speed, generating income and profits as planned. Revive operating results in the second half of the year to be bright. From the gradual recognition of income from projects on hand (Backlog), currently at 1,600 million baht, it is expected that there will be approximately 29% of completed projects ready to recognize income this year, as well as the acceleration of bidding for new projects from the public and private sectors. There are supporting factors from projects that received additional engineering system installation work in which the company has expertise, including condominium projects. Department store project supermarket Including projects to install Solar Rooftop and EV Charger, etc.
Recently, PROSPER has been selected as the contractor to install engineering systems for a factory construction project in the Rangsit – Lam Luk Ka area worth more than 300 million baht, ready to sign a contract. The project period is 13 months. Revenue will begin to be recognized in the 4th quarter of 2023 and continue to recognize income until the 4th quarter of 2024 and other project engineering system installation work. Many other projects are in the process of being auctioned, such as department store work. Office building work Condominium work, etc.
“Management from now on, the company will proceed with business with caution, managing costs and closing risks in every aspect, focusing on short-term work, able to recognize revenue quickly and manage costs better. Along with looking for strong business partners to increase work efficiency so that the company can deliver quality work within the specified time period. Including focusing on accepting work that has confidence in generating income and making a profit By moving forward in tandem with all 4 main businesses: 1. Construction business (Construction Business) 2. Electrical substation construction business Electrical distribution system and the business of generating electricity from renewable energy (High Voltage Substation & Renewable Energy Business) 3. Technology business and the business of distributing engineering system equipment (New Technology & Trading Business) and 4. Health care business (Healthcare Business) strengthen the portfolio to push the backlog in 2023 to reach 1,900 million baht,” Mr. Phongthep said.
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