- Business
- BT Wealth Industries Public Company Limited (BTW.BK) is a Thailand-based holding company focused on investments in heavy industries, primarily through its core subsidiary Best Tech & Engineering Limited (BTE), which specializes in steel fabrication, installation and construction services, equipment and facility rental, and renewable energy initiatives. The company offers steel fabrication services, including modularization and parts fabrication for heavy industry sectors such as oil and gas, power, mining, and infrastructure; installation and construction as a one-stop solution for engineering, procurement, and construction (EPC) contractors and project owners; equipment and machinery rental for fabricators and constructors; and investment opportunities in renewable energy projects like solar farms and power plants. BTE operates extensive facilities, including over 174,000 square meters of waterfront fabrication yards in Sattahip Naval Base and 90,000 square meters of parts fabrication factory in Chachoengsao, serving customers in Thailand and internationally, particularly in Australia. Founded in 2012 as BT Wealth Industries Co., Ltd. and listed on the Stock Exchange of Thailand's mai market, the company is headquartered at 593/3 Soi Ramkhamhaeng 39 Rd, Wang Thonglang, Bangkok, Thailand. Recent developments include BTE's multiple registered capital increases in 2024—adding 1 million shares in March and 1 million shares in September at THB 100 per share, bringing total registered capital to THB 600 million—to support fabrication capacity expansion; strategic plans announced in 2024 for 10% average annual revenue growth over the next three years through new customer acquisition in Thailand and overseas markets like Australia, enhanced process efficiency, and entry into the power plant sector; and ongoing exploration of renewable energy investments, including bidding for projects, alongside a 436% quarter-on-quarter revenue surge from production in Q3 2024. Subsidiaries include Best Tech Industries Ltd. (BTI) for steel fabrication expansion and full ownership of BTE, with operations concentrated in Thailand but targeting global heavy industry clients.