15 May 1997
FILES Q1/97 FINANCIAL STATEMENTS
BEC World Plc (BEC) reported reviewed quarterly financial statements
as follows:
Ending March 31,
Quarter 1 For 3 months
Year 1997 1996 1997 1996
Net profit (loss) 544,828 379,523 544,828 379,523
EPS (baht) 2.72 2.11 2.72 2.11
Comment: 1. Please see details in financial statements, auditor's report
and remarks from Public SIMS
BEC clarified the reasons of its over 43 percent increases of net
profit as follows:
1. Revenues from advertizing sales raised due to the adjustment of
advertizing time price rate since the fourth quarter last year. In
addition, the said utilization rate was better.
2. Revenues from interest receivables also surged because of capital
increase in Q2/1996 and higher cash acquired from operating results.