Mitihoon – ADB or Applied DB Public Company Limited by Ms. Pornpiwan Niramoncherdchai, Managing Director, revealed that in 2023, revenues are expected to be similar to the previous year, at more than 2 billion baht and Expected earnings to turn profitable As the raw material price situation began to improve, the company did not need to stock a lot of products. which affects profitability
Revenue surpassed 2 billion.
The company expects that since Q2/23, the trend will begin to be more obvious. especially after the election Establishing a new government is expected to produce more government investment projects. The company’s main work comes from government projects.
Elections to support government projects
This is for the flexibility of management. The company has restructured its business through the transfer of adhesive products business. Grout products and DIY products to ADB Sealant Co., Ltd. and the remaining business of manufacturing and selling plastic compound. at parent company