Post by account_disabled on Dec 26, 2023 2:06:13 GMT -5
Diamond Brand Products Public Company Limited or DRT's analysis of the construction materials market in the third quarter slowed down from the low season. before recovering better in the last quarter Confident that the entire year's operating results will be as targeted. After the performance in the first half of the year is still at a satisfactory level. Ready to reinforce DRT's strengths as a stock that provides consistent dividend returns. Amidst the economic situation that is likely to contract and deposit interest rates are low, Mr. Satit Sudbantrad, Chief Executive Officer of Diamond Brand Products Public Company Limited or DRT, a manufacturer and distributor of roofing system products.
Synthetic wood, boards, gypsum, lightweight bricks, lintel beams, prefabricated Job Function Email Database lightweight countertops and after-sales services under the 'Diamond Brand' product. Revealed that the trend of the construction materials market in the third quarter is expected to slow down from entering the low season or Out of sales season before recovering in the last quarter of the year There are factors from real estate project customers who need to hasten to close home sales in order to drive sales. The same is true of modern construction material retail stores. (Modern trade) will come back more active. from the need to purchase construction materials to renovate and repair homes at the end of the year as well as the gradual issuance of economic stimulus measures by the government.
To stimulate increased spending in the country As for the overall performance of DRT in 2020, it is confident that it will maintain a gross profit rate of 25-27% and maintain an average machine operation rate of 80-90% of overall production capacity. Although overall sales have slowed down somewhat This is because in the first half of the year DRT performed at a satisfactory level. In the midst of the economic situation and the construction materials market affected by the outbreak of the new strain of coronavirus (COVID-19), “DRT's overall performance in the first half of the year is still in line with the target. The agent channel or small construction materials distributor is the driving force.
Synthetic wood, boards, gypsum, lightweight bricks, lintel beams, prefabricated Job Function Email Database lightweight countertops and after-sales services under the 'Diamond Brand' product. Revealed that the trend of the construction materials market in the third quarter is expected to slow down from entering the low season or Out of sales season before recovering in the last quarter of the year There are factors from real estate project customers who need to hasten to close home sales in order to drive sales. The same is true of modern construction material retail stores. (Modern trade) will come back more active. from the need to purchase construction materials to renovate and repair homes at the end of the year as well as the gradual issuance of economic stimulus measures by the government.
To stimulate increased spending in the country As for the overall performance of DRT in 2020, it is confident that it will maintain a gross profit rate of 25-27% and maintain an average machine operation rate of 80-90% of overall production capacity. Although overall sales have slowed down somewhat This is because in the first half of the year DRT performed at a satisfactory level. In the midst of the economic situation and the construction materials market affected by the outbreak of the new strain of coronavirus (COVID-19), “DRT's overall performance in the first half of the year is still in line with the target. The agent channel or small construction materials distributor is the driving force.
