Farm truck maker Siam Kubota Corporation (SKC) has revised down its revenue target to 63 billion baht this year, a slight drop from 2021, despite better business prospects in Thailand's agricultural sector.
Last year the company earned 69 billion baht, an increase of 30% from 2020, against the backdrop of the pandemic, Takanobu Azuma, president of SKC, said yesterday.
"We cut the revenue target this year because the spread of Covid-19 and some uncertainties that may arise from the weather and agricultural prices can affect the domestic economy and people's purchasing power," he said.
