Engineering and construction
Asia Precision builds industrial and infrastructure projects, especially plant and system work that needs design, procurement, and on-site construction support.
Customers and revenue model
A
Asia Precision PCL
SET:APCS
Asia Precision PCL
SET:APCS
Price:
1.3
THB
0.78%
Market Cap:
฿858m
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Company Overview
Business Description
- Sector
- Industrials
- Industry
- Machinery
- Headquarters
- Thailand TH
- Employees
- 718
- IPO date
- Sep 29, 2011
Asia Precision PCL is a Thai engineering and construction company. It plans and builds industrial projects for customers that need full project delivery, especially power, energy, and other heavy industrial facilities. Rather than selling a consumer product, it sells contract-based design, procurement, construction, and installation work.
Its customers are project owners such as power producers, industrial companies, and developers that need a contractor to build a plant or facility from start to finish. The company earns most of its money from project contracts, which usually tie payment to milestones, completion, and handover of the work.
What makes this business different is that it sits in the middle of the project chain: it turns engineering plans into working facilities. That means its results depend on winning new projects, managing technical work, and delivering safely and on time, which is very different from a factory that makes a standard product and ships it repeatedly.