Thai Optical Group anticipates increased revenue during high season

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TOG anticipates increased revenue during high season

By The Nation

 

Torn Pracharktam, Managing Director of Thai Optical Group

 

TOG Optical Group anticipates increased revenue during the high season from sales of ophthalmic lenses from the EU, USA, Australia and New Zealand.
 

In a press release issued on Thursday, the company said it expects sales orders will increase steadily between the end of 2018 and the beginning of 2019 due to the high season in the EU, USA, Australia and New Zealand. 

 

The company said its strategy is to focus on premium-segment lenses with high margins e.g. “Zenith Iden” – the superior progressive lens designed for the easiest adaption for complicated prescription, and “Bluloc” – the lens material series which helps filter out 95 per cent of harmful blue-light.

 

TOG USA’s performance has demonstrated a very high growth potential, the company said. TOG USA sees an increase in sales order from its local customers especially in value-added product category namely high-index lenses, high-impact-resistant lenses, photochromic lenses as well as Bluloc lenses. The company continues to expand its customer base from more than 10 key customers currently and is expected to break even by the end of 2019.

 

The firsts shipment of “Zenith Iden” at the beginning of October 2018 has received incredibly positive feedbacks from domestic customers, the company said. By the first half of 2019, the company plans to expand this product to other countries in Asia-Pacific regions e.g. Singapore, Malaysia, Vietnam, etc. 

 

Torn Pracharktam, Managing Director of Thai Optical Group Public Company Limited (TOG), revealed the company’s third quarter revenue of Bt434.26 million, decreased by 8.63 per cent compared to that of the same period last year. Net profit is Bt13.07 million, with 4.28 per cent margin, decreased by 72.51 per cent. Net profit decrease was significantly caused by the decreasing sales in the value-added segment.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30358154

 

-- © Copyright The Nation 2018-11-08

[grantbkk]

I predict that during the high season more hotel rooms will be filled that during low season.  Another up side is more food and drink will be sold as more lenses are ordered from vendors during the high season.  I hope I was able to add value to this very important news piece.

[watcharacters]

37 minutes ago, grantbkk said:

I predict that during the high season more hotel rooms will be filled that during low season.  Another up side is more food and drink will be sold as more lenses are ordered from vendors during the high season.  I hope I was able to add value to this very important news piece.

 

You forgot to add it'll either  be sunny or raining most of the days of high season.

[BigBadGeordie]

4 minutes ago, watcharacters said:

 

You forgot to add it'll either  be sunny or raining most of the days of high season.

"most of the days", and the others?

Snow perhaps?

[Vacuum]

They should concentrate on selling rose-tinted glasses to tourists during high season. Thailand would benefit from this.

[IAMHERE]

I just never thought of Thailand as a destination to purchase glasses. 

[realenglish1]

They will make much more money but will they spread it among the employees Maybe Maybe not If you think you are due for a raise these people can help you My wife used them (really) and received a 32% pay hike check them out

https://www.salarysherpa.com

 

Edited December 14, 2018 by realenglish1