JR Shows Confidence in 1Q21 Results, Expecting Backlog at Year’s End to Reach ฿10Bn

J.R.W. Utility Public Company Limited (JR) foresaw outstanding results in 1Q21 from its backlog of over 6,200 million baht while emphasizing that the ongoing projects will complete as scheduled.

 

More importantly, the company expected to acquire additional projects from the MRT Yellow and Pink Line Phase 2, which would result in more than 10 billion baht of backlog and strengthen its operating revenue in the next 2-3 years.

Lastly, the executives revealed that the company planned to invest in oil and gas business as well in order to expand the business base.

 

In addition, the company stated that the shareholders meeting’s resolution approved a dividend payment of Bt0.06 per share to be paid on May 14, 2021.