Tuesday, 04 October 2022
24CS Freshman Stock, Red Label Trading in the mai market today is the first day, showing the results of the year 65, not unusual following embracing the work in hand, currently has a backlog of approximately 1,168 million baht, recognizing regarding 50% of this year’s income and is in the process of bidding for new work to strengthen the army As for the revenue target for the year 65, it is expected to grow at least 50%, with the proceeds from the fundraising being attached to the contract for big projects.
24CS opened the first trading day at 7.10 baht, an increase of 3.70 baht or 108.8 % from the IPO price of 3.40 baht, closed the first trading day at 10.20 baht, an increase of 6.80 baht or 200% with a trading value of 4,974.98 million baht.
Mr. Yosavee Wattanatheerakijcha Chief Executive Officer Twenty Four Con and Supply Public Company Limited (24CS) said that the company has listed securities on the Market for Alternative Investment (mai) for the first day. Experienced, specialized expertise in providing services for the installation of air conditioning systems and internal environment control. Providing contracting services for electrical and communication installations Providing services for installation of sanitary and fire protection systems and providing sound insulation installation services Covering the service in every step from planning to work. Construction supervision and procurement of equipment with a team of skilled engineers It is responsible for closely controlling and monitoring the operations to ensure that the construction is accurate, quality and can be delivered in accordance with the terms of the contract. With more than 9 years of experience in the industry, he has managed many large construction projects in both government and private sectors.
Currently, 24CS has a backlog waiting to be recognized (Backlog) regarding 1,168 million baht. Recognized regarding 50% of this year’s income and is in the process of bidding for more new projects. Get an overview of the expanding construction industry In the past, the Company’s performance Growth on double digits This year, sales are expected to grow significantly more than last year.
Therefore, the revenue target for 2022 is expected to grow at least 50%.
After this fundraising, it is believed that the Company will Has the potential to become more competitive Support for large projects This will support significant growth in revenue generation and future profitability. It is another stock that is in a growing period. and can stay in the hearts of investors in the long term
In this regard, 24CS operates as aImport and distributor of air conditioning equipmentand ventilation Leading international standard brand TROX and is a distributor of air conditioning and ventilation equipment products of leading international brands such as TRANE AAF KRUGER HONEYWELL etc. In addition, the company is also a service provider for the installation of building engineering systems. and construction work in order to be able to provide more comprehensive services to customers and focus on using modern technology innovations to increase business efficiency
