Post by account_disabled on Feb 25, 2024 10:31:53 GMT 1
FPI sets out 2021 plan, targets revenue growth of 15%, realizes backlog of 600 million baht - subsidiaries in India Turn around Accelerate the development of new innovative products Support a stable future FPI flags 2021 to return to growth mode again. Targeting an increase in revenue of 15% from the previous year, resulting from the recognition of income from work in hand with pre-orders of more than 600-700 million baht, while the Indian subsidiary "FPI AUTOPARTS INDIA PRIVATE LIMITED" signals Good, there are more orders. "Somphon Thanadumrongsak" Managing Director stated that this year will recognize all revenue from India, going full speed with OEM work and accelerating the development of new innovative products.
Supporting the automotive industry, creating income, supporting stable British Student Phone Number List future growth. and create good returns for shareholders Mr. Somphon Thanadumrongsak Managing Director of Fortune Parts Industry Public Company Limited (FPI) revealed that overall business operations in 2021 will have a better direction because the company has work on hand, which is advance orders (backlog). and approximately 600-700 million baht and the business trend of producing automobile industry parts in India through FPI AUTOPARTS INDIA PRIVATE LIMITED, a subsidiary company. There are more orders coming in. And it is expected that this year will be the first year that all income from After successfully increasing the shareholding proportion "In 2021, it is expected that business in India The turnaround will begin. After the company bought all the shares This makes it possible to control costs in various areas well and has now begun marketing in India. causing orders to come in continuously It is believed that in the long run, India is a large country.
There is quite a lot of purchasing power. Including making it possible to be a production base for FPI by using it as base for export Because the labor costs are lower than in Thailand." He also said that currently the company receives OEM work from various car manufacturers. In particular, contracting for the production of car parts for Toyota Motor Thailand Company Limited in the Revo, Fortuner models. Recently, there have been orders for newly released car models, including the Toyota Crocodile. S, Revo Rocco, Fortuner, as well as car brands Ford, Nissan, Mitsubishi, resulting in the company's OEM work growing very well. In addition, the company is in the process of researching and developing new innovative products. By using technology to use in the production process. In order to produce products to support the automotive industry in the future. This will help bring in additional income.
Supporting the automotive industry, creating income, supporting stable British Student Phone Number List future growth. and create good returns for shareholders Mr. Somphon Thanadumrongsak Managing Director of Fortune Parts Industry Public Company Limited (FPI) revealed that overall business operations in 2021 will have a better direction because the company has work on hand, which is advance orders (backlog). and approximately 600-700 million baht and the business trend of producing automobile industry parts in India through FPI AUTOPARTS INDIA PRIVATE LIMITED, a subsidiary company. There are more orders coming in. And it is expected that this year will be the first year that all income from After successfully increasing the shareholding proportion "In 2021, it is expected that business in India The turnaround will begin. After the company bought all the shares This makes it possible to control costs in various areas well and has now begun marketing in India. causing orders to come in continuously It is believed that in the long run, India is a large country.
There is quite a lot of purchasing power. Including making it possible to be a production base for FPI by using it as base for export Because the labor costs are lower than in Thailand." He also said that currently the company receives OEM work from various car manufacturers. In particular, contracting for the production of car parts for Toyota Motor Thailand Company Limited in the Revo, Fortuner models. Recently, there have been orders for newly released car models, including the Toyota Crocodile. S, Revo Rocco, Fortuner, as well as car brands Ford, Nissan, Mitsubishi, resulting in the company's OEM work growing very well. In addition, the company is in the process of researching and developing new innovative products. By using technology to use in the production process. In order to produce products to support the automotive industry in the future. This will help bring in additional income.