29 November 2001
OPERATING RESULTS OF 3Q/2001 (REVISED)
(Translation)
H.T. 065/2001
Date : November 29, 2001
Re : Reasons for over 20% change in company's operations of 3Q2001 (Revised)
To : President
The Stock Exchange of Thailand
The company's result of the consolidated financial statements as of September 30,
2001 for three months in the 3rd quarter show a net profit after tax of Baht 21.9
million representing a 22.6% decrease comparing with the same period of the last
year due to the following reasons:
1. The Company paid full income tax of 30% on net income compare to same
period of last year.
2. The Company had increased reserve for bad debt in line with economic
situation review.
3. The Company had increased reserve for employee retirement benefit in line
with change in computation factors and methodology.
Yours sincerely,