PRTR or PRTR Group Public Company Limited led by Ms. Resara Charounpanich, CEO, revealed that the Q4/2023 business is the best period of the year. As the peak season welcomes in, the outsourcing business is expected to grow as planned, while the 2024 plan expects the economy to fully recover. The government has raised the minimum wage and will add income to the company. Revenue is expected to grow by at least 10%
Responding to the minimum wage increase approved by the government
As for the merger and acquisition plan, it is currently being negotiated with partners to synergize together to enhance the outsourcing business, including IT groups, drivers, housekeepers, or part-time employees. With an income of approximately 100-1000 million baht, it is expected to see progress during the first quarter/67.
Aimed at merger and acquisition deals Expected Q1/67 Clear
Securities analysts said PRTR's business is interesting, and it is gradually accumulating, giving the first target price at 7 baht, the same level set by the group of Ms. Risara Charounpanich and Ms. Onrudi Kithawi, executives and major shareholders. They purchased a large amount of shares of 16.23 million shares or 2.7% with a total value of 113.6 million baht on December 21, 2023 from Mr. Richard Bennett, Mr. Paul David Chundy and Ms. Jarwan Panicharoen, and the said deal will result in the Nagawarisara Group acquiring 20.34% of the shares and Ms. Onrude Group. He owns 15.44% of the shares
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