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Peilon wins 2 major projects, 700 million baht, pushing backlog to new high income

HoonSmart.com >> “Pylon” indicates the overall picture of the construction industry, the last curve from 2022, has started to recover, supporting PYLON for the whole year, expecting revenue to reach 1,200 -1,300 million baht, recently announced 2 major projects worth about 700 million baht pushed New High’s backlog to touch 1,586 million baht, gradually recognizing the revenue from the end of this year until next year Estimated operating results in 2023 to grow better than this year. The trend of having new jobs keep adding

Dr. Chanet Sangarayakul, President of Pylon Company Limited (PYLON), a foundation contractor business operator (Pelio boring) at the forefront of the country reveals that the overview of the last curve of this year, the trend of the construction industry began to recover, the investment atmosphere of entrepreneurs becoming more active, which has a positive effect for PYLON, with the company still focusing on accepting new projects. came in continuously in the past Recently, I received good news from 2 big projects with a total value of about 700 million baht, resulting in a strong backlog of about 1,586 million baht, which is the highest level in the company’s history. The proportion of jobs in the private sector is 62%, and government jobs 38%.

“This year, we are considered to have passed the lowest point. It is expected that the income for the year 2022 will be 1,200-1,300 million baht, believing that the situation will continue to improve. and assessing the business prospects for 2023 should be better than this year The company still has a bid for a major project next year and believes it will continue to find new jobs to add to the portfolio, such as high-speed rail connecting 3 airports. There is still uncertainty about the construction schedule. But other new projects Most of them started construction at the end of the fourth quarter,” said Dr Chanet.

for an overview of the construction industry next year Both public and private jobs are expected to improve. Private sector mixed-use projects continue to invest. As for the high-rise condominium project, it should improve gradually according to the overall picture of the industry. The company continues to apply for new work continuously. who believe in the potential that the company has the opportunity to get more jobs in the government sector and the private sector