Photo Release: TICON and TPARK Announced H1 2014 performance H2 Aggressively Move Ahead with Baht 8,000 Million Investment

          Recently, TICON Group comprising TICON Industrial Connection Plc. (TICON) and TICON Logistics Park Co., Ltd. (TPARK), the leading developer of factories and warehouses for lease in Thailand, led by Mr. Virapan Pulges (left), Managing Director of TICON and Mr. Patan Somburanasin, Managing Director of TPARK, announced key performance for the first half of 2014.
          TICON Group’s net profit as of 30 June 2014 totals Baht 149 million. The group aggressively moved ahead with the expansion of Ready Built Factories and Warehouses space for rent and expects to spend Baht 8 billion within end of 2014 as planned to prepare for increasing demand resulting from the improved political situation and the upcoming AEC which will be fully implemented in 2015. Construction of TICON’s Ready Built Factories in the first half 2014 totals 100,000 sq m while construction of TPARK’s Ready Built Warehouses totals 250,000 – 300,000 sq m. The Group foresees significantly higher growth of rental factory and warehouse business in the 2nd half due to regained investors’ confidence in Thailand and recovery of economic situation.