Thai AAPICO Hitech sees 2004 revenue at 5 bln baht

Newswire

BANGKOK, Nov 23 (Reuters) - Thai auto-parts maker AAPICO Hitech PCL said on Sunday it expects revenues to grow to 5 billion baht ($125 million) in 2004 from about 3.5 billion baht forecast for this year, thanks to a booming auto industry. "Next year the automobile industry will probably grow 20-30 percent, and we will grow with the industry," chief executive Yeap Swee Chuan told Reuters. "Our revenues should reach five billion baht," he said. In May, the firm forecast rrevenues of ...

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