AGE revenue up as coal demand growsAsia Green Energy expects a revival in coal demand this year to bolster revenue. SET-listed coal trader Asia Green Energy (AGE) maintains its revenue target of 37% growth to 11 billion baht this year, up from 8 billion in 2020, thanks to rising demand for coal. Coal demand is resuming growth and likely to return to levels seen before the pandemic, he said. Last year logistics turned into a new source of revenue as it expanded the service to other companies. Truck transport expansion is part of AGE's 2021 capital spending worth 200 million baht.

Source: Bangkok Post September 06, 2021 23:15 UTC