Saturday, March 3, 2012

Bright future for building company: Ritta Hemmarach looks beyond temple.

Byline: Somporn Thapanachai

Dec. 23--The medium-sized construction company Ritta Hemmarach Co targets 2.5 billion baht in billings next year, two-thirds more than this year's 1.5 billion baht.

The company was set up in late 2001 as a joint venture between Ritta Co and Hemmarach Co, with initial registered capital of 10 million baht. Its current capital is 80 million baht. Ritta this year withdrew the investment but the joint venture still uses Ritta in the company name.

Somyot Vongtongsalee, Ritta Hemmarach's vice-president said the company had grown rapidly from billings of 200 million baht in 2002.

It is confident of achieving the target …

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