TKC sets out revenue plan amid slowdown

Quick Summary:

SET-listed digital solutions provider Turnkey Communication Services (TKC) has set a target of 15% annual revenue growth over the next five years, driven by an increase in digital adoption by enterprises in order to survive amid the economic slowdown.

The firm has a project backlog worth 5 billion baht in total, and the revenue recognition from these projects starts in the current quarter.

According to Mr Sayam, state projects contribute 70% of TKC's total revenue, while the remainder is from the private sector; this proportion is forecast to be equal in two years.

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Article Details

Category: EconomyBusiness

Markets: ThailandSingaporeUnited States

Topics: Baht Sayam Businesses Services Green Digital Edutech Revenue Business Solutions Smart

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-24 @ 04:00:00 (1 months ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 621 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 4700039

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