17 สิงหาคม 2542
SUBMISSION OF FINANCIAL STATEMENTS FOR QUARTER-2/1999
August 16, 1999
To : President
The Stock Exchange of Thailand
Re : Submission of financial statements for the 2nd
quarter of 1999.
Enclosures : Financial statements for the 2nd quarter of 1999.
We are sending you herewith the enclosed financial
statement of the Company and the consolidated statement of the
group for the 2nd quarter of 1999 ended 30th June, 1999.
The operating result of the group for this 2nd quarter
of 1999 is a profit of Baht284 million. It is 18.4 percent better
than the previous quarter, but still 17.6 percent lower than the
same quarter last year. This is because of the big drop of our
interest income caused by the much lower down of the interest rates
in the market compare with last year. Even our operating profit
increased as a result of better sales revenue and lower operating
costs and expenses but the improvement of our operating profit is
not yet able to cover such a big drop of our interest income, thus
the net profit declined from that of the same period last year.
Please be informed accordingly.
Sincerely Yours,
(Chatchai Thiamtong)
Vice President - Finance