Francis Vanbellen, Managing Director of Padaeng Industry Public Company Limited (PDI), commented on the Company’s FY2017 excellent performance. Total revenues are up to 6,357 million Baht, surging 19% from the year before, whilst net profits almost doubled to 905 million Baht, up 89% from 478 million Baht in 2016. The 2017 net profit is the
Padaeng Industry Public Company Limited (PDI) is confident its 2017 financial results will reach its highest level in the past 10 years and the second best of PDI’s 33 year-history. Results are benefitting from a 40% rise of global zinc prices, paving the way for PDI to make strong profits from low-cost zinc ores from
Mr. Francis Vanbellen, Managing Director of Padaeng Industry Public Company Limited (PDI), said that the sales and services revenues were 4,328 million baht in the first nine months of 2017, a 16% rise from 3,741 million baht in the same period last year, and its net profit rose 80% year-on-year to 637 million baht, compared
PDI makes a further expansion in renewable energy by signing a memorandum of understanding to jointly invest in two hydropower plants in Laos, Nam San 3A and Nam San 3B, with a total capacity of 114 MW. The investment objective is to help PDI attain solar and hydro power plants in Asia with a total
Mr. Francis Vanbellen, Managing Director of Padaeng Industry Public Company Limited (PDI) stated – at the occasion of PDI Metals’ Customer Day September 8, 2017 – that the company proceeds with a comprehensive zinc trading business, including warehousing located in industrial centers for convenient distribution of goods. This service marketed under the name “PDI Metals”
PDI announced its successful completion of the purchase of 6 operating solar farms in Thailand with a total capacity of 30MW.The projects were developed and constructed by Symbior Solar with investment from Armstrong Asset Management and the Mekong Brahmaputra Clean Development Fund. August 31st, 2017, the Company signed a share purchase agreement, acquiring 100% of
Padaeng Industry Public Company Limited, or PDI, announces its performance for the first half of 2017, ending June 30, generating 2,888 MB from sales and services, up 15% from 2,510MB from the same period last year. PDI’s consolidated net profit increases to a historical high of 523MB, with 392MB year-on-year from 131MB. These excellent results
PDI and Canadian Solar join forces by signing an MOU to collaborate on the development in Solar PV projects in Asia Pacific; targeting 200 MW installed capacity within 3 years. On 16 May 2017, at the head offices of Padaeng Industry PLC or PDI, Mr. Francis Vanbellen, Managing Director and Dr. Shawn Qu, President &
PDI will move forward with its plans to build business operations in high value added materials from recycling and industrial waste management. The company aims to further expand its solar farm operations both in Thailand and overseas, with a target generating capacity of 150 MW within three to five years. Mr. Francis Vanbellen, Managing Director
Padaeng Industry Plc (PDI) enjoyed favorable financial results in the first quarter of 2017, with net profits of Baht 313 million, largely exceeding Baht 30 million in Q1 2016, strongly supported by favorable global zinc prices and local Thai metal premiums. Mr. Francis Vanbellen, Managing Director of Padaeng Industry Public Company Limited, or PDI, disclosed that