Asia300

Italian-Thai Development Public Co., Ltd.

Thailand

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Sep 20, 2017
Prev close: 4.4
Sep 20, 2017
Market cap:
Market cap(USD):
23,231.30M
702.48M
Shares: 5,279.84M

Currency in THB

Company profile

Market(Ticker): BKK(ITD)
Sector:
Industry:
Industrial Services
Engineering & Construction
Full time employees: --

Business summary

Italian-Thai Development Public Co., Ltd. engages in the construction and development of real estate properties. Its services include construction of buildings, industrial plants, pipeline, and utility works for public infrastructure. The company was founded by Chaijudh Karnasuta and Giorgio Berlingieri on August 15, 1958 and is headquartered in Bangkok, Thailand.

Company background

Italian-Thai Development is the largest construction contractor in Thailand. Its landmark construction projects include Bangkok's new international Suvarnabhumi Airport and the capital's mass transit subway system. The company was established in 1958 by a Thai Chaijudh Karnasuta and Italian Giorgio Berlingieri. Currently the company is run by an all-Thai management team led by members of the Karnasuta family. The current president Premchai Karnasuta is the second son of co-founder Chaijudh.

Premchai has been expanding the company's international operations with projects such as New Delhi's subway system and an expressway in Bangladesh's capital, Dhaka.

In 2010, the Myanmar government granted the company a 75-year lease and the right to develop an industrial district in its Dawei special economic zone, a site of 250 sq. km. But in November 2013, the Myanmar government announced its cancellation of the agreement in favor of a joint venture with the Thai government, due to its lack of confidence in Italian Thai's ability to finance the huge project. The company lost rights to the overall project, but hopes to construct ports and electricity power plants in the district.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 47,369.10M
Gross profit 4,668.19M
Operating income 1,644.22M
Income before tax 177.17M
Net income -109.27M
EBITDA 4,073.41M
Diluted EPS -0.02
Dividends per share 0.01
Total assets 78,119.71M
Total liabilities 63,786.32M
Total equity 12,972.17M
Operating cash flow 3,089.05M

Currency in THB

Revenue 1,342.63M
Gross profit 132.31M
Operating income 46.60M
Income before tax 5.02M
Net income -3.09M
EBITDA 115.45M
Diluted EPS 0.00
Dividends per share 0.00
Total assets 2,181.47M
Total liabilities 1,781.21M
Total equity 362.24M
Operating cash flow 87.55M

Currency in USD

Valuation measures

Dec 2016

PER --
ROA -0.13%
ROE -0.83%
Operating margin 3.47%
Profit margin -0.23%

Key executive

  • President, Managing Director & Director: Premchai Karnasuta
  • Executive Vice President-Finance: Chatichai Chutima
  • Senior Vice President-Technical & Estimate: Atipat Kaivalchatchaval
  • Director & Senior Executive Vice President: Nijaporn Charanachitta
  • Director & Senior Executive Vice President: Pathai Chakornbundit

Share holders

  • KARNASUTA PREMCHAI(15.6%)
  • CHARANACHITTA NIJAPORN(7.1%)
  • WACHIRAPONG WICHAI(5.0%)
  • WACHIRAPHONG WICHAN(3.5%)
  • WACHIRAPONG CHAKPHAN(3.1%)
  • LERTNUNTAPUNYA JESADA(2.7%)
  • The Vanguard Group, Inc.(2.2%)
  • SOMPHAKDI WALAIPHON(1.4%)
  • CHARANACHITTA CHITRAPHAN(0.9%)
  • CHARANACHITTA WALAITHIP(0.9%)

Address

  • Website: http://www.itd.co.th
  • Address: 2034/132-161 Italthai Tower, New Petchburi Road, Bangkok, 10310, Thailand
  • Phone: +66.2.716.1600

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