WINDOW bounces back strongly by 10%, confirming this year's income New High plans to expand its real estate client base – to penetrate foreign markets.

Reporters reported that the share price of Windows Asia Public Company Limited or WINDOW today (December 25, 2023) at 11:37 AM was at 1.27 baht plus 0.12 baht or 10.43%, the highest at 1.30 baht, the lowest at 1.14 baht with a trade of 60.79 million baht

Previously, Mr. Thanin Ratanasiriwilai, CEO of WINDOW, revealed that the company operates in an industry that is witnessing continuous growth. It is the growth of the real estate sector. In addition, the population is increasing. Changing consumer behavior, including WINDOW's strong brand, are all factors that support the continued growth of the company's business.

In addition, WINDOW is the only publicly listed manufacturer and distributor of door and window products. It helps build credibility and trust for consumers to purchase and use. It will also create a brand that is an option for consumers. It made investors trust and therefore received a good response.

As for future growth, the company believes that it will see an increase in revenue growth by more than double digits (double digits), as was the case in the past. Because WINDOW products are 4 factors in life. At the same time, the company's business partners are constantly expanding distribution channels. In addition, the company will focus on expanding into additional real estate projects. Including starting to expand the international market again. After slowing down during the Corona virus outbreak

However, revenue in 2023 is expected to grow to a new high (new level), strengthening the leadership in the innovation window and door system after seeing continuously bright financial data numbers.

Currently, the company is looking at 3 countries that have the potential to expand into: 1. Philippines, 2. Indonesia and 3. United State

The company continues to negotiate acquisitions (M&A) and launch new products. The company still sees opportunities to continually expand the market.

In this regard, WINDOW sees an opportunity to expand its business by merging or acquiring competing companies (mergers and acquisitions), which can increase business diversification. It may expand the market to new customer groups or new markets. It also helps increase competitiveness and market share, which is another way to reduce the number of competitors in the market. This will be part of the goals and action plan that is expected to be completed within the next three years.

Mr. Tanen said that the door and window market in Thailand is currently worth more than 50,000-60,000 million baht per year, while WINDOW's sales income is estimated at about 1,000 million baht per year, so the company's growth opportunity in the future is still very great. The company also plans to expand into a more complete manufacturer of doors and windows. In addition, building the WINDOW brand is another opportunity to build awareness and consumer recall as well.

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