Italian-Thai Development
 | |
Native name |
บริษัท อิตาเลียนไทย ดีเวล๊อปเมนต์ จำกัด (มหาชน) |
|---|---|
| Type | Public company |
| SET: ITD | |
| Industry | Construction |
| Founded | 1958 |
| Headquarters |
Huai Khwang, Bangkok , Thailand
|
Area served |
Southeast Asia |
Key people |
|
| Revenue | 48,389 million baht (2016) |
| -48,389 million baht (2016) | |
| Total assets | 78,120 million baht (2016) |
Number of employees |
25,678 (2016) |
| Website | Official website |
The Italian-Thai Development Public Company Limited (Thai: บริษัท อิตาเลียนไทย ดีเวล๊อปเมนต์ จำกัด (มหาชน)) was formed on 15 August 1958 as the "Italian-Thai Corporation Company Limited" by its founders, Chaijudh Karnasuta and Giorgio Berlingieri. Their objective was to establish a Thai construction company. The company registered as a limited public company on 24 March 1994 and was listed on the Stock Exchange of Thailand (SET) on 9 August 1994 with the symbol, ITD.
Management
As of 2016 the chairman was Krisorn Jittorntrum. Director and president was Premchai Karnasuta.
Financials
Consolidated revenues (company plus subsidiaries) was 48,389 million baht in 2016. Net profit was (minus) -48,389 million baht. Total assets were 78,120 million baht. As of 31 December 2016 ITD employed 25,678 persons.
Italthai Group
Italian–Thai Development PCL is the umbrella company of Italthai Group although Italthai management insists that, "The management of the Italthai Group and its subsidiaries have nothing whatsoever to do with Italian-Thai Development" Italthai is a group of privately-owned businesses connected to Italian–Thai Development PCL. Its businesses are construction equipment, construction, hospitality, and lifestyle. The group employs more than 5,000 employees in seven countries across Asia Pacific.