SOSCO, an oil stock with hidden value working hard to sell BYD electric cars – Miti Stock

Stock Dimensions – Susco Targeting oil sales in 2024 10% growth Expected sales of electric vehicles (EV). About 6000 Cars support increased profits

SOSCO Company or SOSCO General Company Limited “Shearet Cimarot” The Managing Director revealed that the company aims for oil sales revenues in 2024 to grow by 10% over last year’s sales of about 1 billion litres, which supports revenue growth of more than 30 billion baht from the continuous expansion of branches by nearly 10 branches and expand two branches. Two more large SUSCO SQUARE (currently there are two branches) on both sides of Thonburi and Lam Luk Ka cater to the lifestyle needs of customers. This year's investment budget is approximately 500 million baht.

Electric car sales Eve Transgression

In addition, BYD's electric vehicle distribution business last year saw sales increase from 800 vehicles at the Motor Expo at the end of the year, and is considered a business with a future as BYD has become the No. 1 electric vehicle business globally. Sell ​​vehicles without risk. The battery warranty covers 8 years, which other electric car manufacturers cannot do.

Oil sales continue to recover Q1/67

Krungsri Patanasin Securities said it expects oil sales in the fourth quarter of 2066 to continue to recover into the first quarter of 2067, the travel season that will push oil sales volumes higher. Including expanding approximately 5-10 additional branches annually to 260 branches in 2023. In addition, the gross profit margin trend has improved to 1.60-1.70 baht/L, and as for BYD's electric vehicle sales target this year, it has achieved The company set a target of about 6,000 vehicles, target 6.80 baht per share.

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