Thai tollway raises 2002 revenue estimate

Newswire

By Saowalak Ouyporn BANGKOK, July 23 (Reuters) - Thailand's largest tollway operator Bangkok Expressway Plc (BECL) expects a healthy increase in net profit and sales in 2002 as it rides the country's economic recovery and booming traffic growth, executives said. Managing Director Supong Chayatsahakij told reporters that BECL had raised its 2002 revenue growth estimate to 10-12 percent despite an expected second quarter drop in profits from the previous three months due to debt ...

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