Listed Thai firms cash in on overseas outlays

Revenue balloons last year

The revenue of Thai listed companies generated from their overseas investments reached a 17-year high of more than 6.21 trillion baht in 2022, an increase of 1.83 trillion from a year earlier, according to the Stock Exchange of Thailand (SET).

Although the global economy was highly volatile because of the Russia-Ukraine war and lingering impacts from the pandemic, listed companies earned record-high revenue from their investments in foreign markets last year, said the SET.

The amount…