Business Background

หน้าหลัก 9 Business Background

Business Background

Nawarat Patanakarn Public Company Limited has conducted construction business and produced pre-stressed concrete piles since 1976. Currently, the Company principally operates as a construction contractor providing all types of civil engineering construction services and manufacturing pre-stressed concrete piles, other kinds of concrete products and processed steel used in its construction businesses and for sale.

Milestone

1976

1976

Nawarat Patanakarn Public Company Limited was registered on May 31, 1976 with the initial registered capital of 4 Million Baht and gradually increased its capital.
1995

1995

In 1995, the capital increase registration was made from 400 Million Baht to 500 Million Baht by way of shares held by domestic and overseas investors.
2012

2012

In 2012, the Company has its registered capital of 2,217,950,679 Baht with paid-up capital of 1,552,901,243 Baht.
2013

2013

In 2013, the Company has its registered capital of 2,221,587,311 Baht with paid-up capital of 1,974,801,416 Baht.
2014

2014

In 2014, the Company has its registered capital of 2,812,221,856 Baht with paid-up capital of 2,585,481,515 Baht.
2020

2020

As at December 31, 2020, the Company has its registered capital of 2,585,481,515 Baht with paid-up capital of 2,585,481,515 Baht divided into 2,585,481,515 ordinary shares at the par value of 1 Baht per share.
2021

2021

The Company assigned TRIS Rating Co., Ltd. (“TRIS”) to affirm the rating of the Company and the Company’s senior unsecured debentures. Announced on February 25, 2021, the Company rating remains at “BB+”, with a “Stable” outlook. The rating reflects the Company’s track record of undertaking a broad range of construction projects for the public and private sectors, its sizable backlog, as well as a promising outlook of public sector’ construction in the upcoming term. However, the rating is held back by the Company’s weak profitability, and low cash flow against financial leverage.