Pico Thailand’s revenues up 47% in FY2018

Bangkok, 7th December: Last week, Pico Thailand, the Thai-listed subsidiary of Pico Far East Holdings, announced its full-year financial results for the year ended 31st October 2018. The company reported total revenues of US$61 million, which is a large increase of 47% year-on-year.

The company’s net profit jumped 61% compared with last year, reaching US$2.2 million in the financial year. Earnings per share for the year were Baht 0.337 (US$0.0101).