JR wins 65 million baht contract for the construction of a substation at Bangkok University, bidding for new projects, hoping to increase the backlog to 1 billion baht.

JR wins 65 million baht contract for Bangkok University's substation construction, moving forward with Quick Win strategy to bid for new projects, hoping to increase Backlog to 1 billion baht, expected to support revenue in 67

September 3, 2567 J.R.W. Utility Public Company Limited (JR) Announcement of the winning of the new substation construction project for Bangkok University, Rangsit and Bangkok University, project value 65 million baht

Mr. Suradet Uthairat, Deputy Chief Executive Officer, J.R.W. Utility Public Company Limited (JR) Revealed that the company has been successful in the Quick Win strategy that accelerates revenue recognition for the company. The latest project is a new project to construct a new substation at Bangkok University, Rangsit, and Bangkok University. The project value is 65,000,000 baht, excluding VAT, with a completion period of 471 days.

This new job award is in line with the company’s plan to accept short-term projects to accelerate revenue recognition, as well as demonstrating the customers’ confidence in JR as a contractor with expertise in electrical and ICT installation business.

“Currently, the company focuses on Quick Win projects to accelerate revenue recognition. Recently, we are ready to continuously participate in bidding for government and private sector projects to increase the backlog from the current 8,331 million baht. It is expected that by the end of the year, the backlog will be worth close to 10,000 million baht and will gradually recognize revenue over the next 2-3 years for strong and sustainable growth.” Mr. Suradet said.

In addition Confident that revenue trends in 2567 will grow as targeted, supported by clearer government projects It also benefits from the expansion of private sector investment, which is prepared to support economic growth and, importantly, Quick Win projects, which are accelerators for faster revenue recognition that will supplement revenue.

At the same time, we continue to focus on the Oil & Gas business, which has a variety of work types, including Green Energy work, to generate income that grows quickly and steadily.

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