Loxley Public Company Limited Reports Earnings Results for the First Half of 2014; Provides Earnings Guidance for the Second Half of 2014
However, it is expected that the operating performance will improve in the second half of this year because Loxley will start record the revenue from the current order backlog, whose gross margin is relatively high, during this period. The performance in the second half of 2014 of the company should be better than the first half. The strong revenue base of the company is very promising. The current order backlog of THB 9.4 billion will support project based business while recurring income of THB 2.5 billion is sustained for trading and service businesses.