Thai Stock That Surged 200% on Debut Expects Huge Demand For Its Chicken Trackers
This article is for subscribers only.
Silicon Craft Technology Pcl, a Thai maker of radio frequency identification tags and labels, expects sales to double over the next four years as outbreaks of diseases in animals boost demand for its tracing products.
Revenue may exceed 600 million baht ($19.3 million) in 2023 from 309 million baht last year, said Chief Executive Officer Manop Thammasirianan. The company is also considering overseas acquisitions and ventures to boost earnings growth, he said.