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Trades about 54% below its sector, cheaper than its peers on earnings.
Seafco Public Company Limited, established in Bangkok, Thailand in 1974, is a leading provider of foundation and general public works construction services, operating both domestically and internationally. The company offers a comprehensive range of specialized solutions, including bored piling services, which encompass small and large diameter piles, along with distinctive rectangular, L-shaped, and T-shaped barrette piling. They also excel in diaphragm wall construction, essential for complex deep excavations such as basements, underpass tunnels, deep shafts, MRTA subway stations, and cut-and-cover tunnels. In addition to piling, Seafco undertakes extensive ground improvement projects. Their expertise covers soil enhancement, deep mixing, and jet grouting, typically applied to stabilize embankment foundations for infrastructure like highways, canals, riverbanks, and tunnel openings. Vertical drain installation is another key service in this area. The company further engages in general diaphragm wall, foundation, and building construction. To ensure the highest standards, Seafco provides a variety of testing services, including integrity tests, drilling monitoring, pile load tests, and comprehensive geotechnical instrumentation.
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