Light Up rejigs plan amid budget delay

Quick Summary:

MAI-listed Light Up Total Solution, a local fully integrated lighting systems supplier, needs to adjust its cash spending plan due to the delay in state budget spending for fiscal 2024.

Mr Phatt expects the company's revenue to grow by 30% this year, up from 229 million baht in 2023.

The cash is part of proceeds worth 154 million baht the company raised during its initial public offering in May.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Company State Lighting Light Total Million Spending Solution Budget Plan Baht

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 04:00:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21945900

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Official Website: bangkokpost.com

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News Last Updated: 8 hours ago

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Publisher ID: #66

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