SET Announcements

SUMMARY OF FINANCIAL STATUS AND OPERATING RESULT OF LISTED COMPANY COMMERCE, SERVICE AND INDUSTRY GROUP CH. KARNCHANG PUBLIC COMPANY LIMITED, SUBSIDIARIES AND JOINT VENTURES (Audited) (Unit : Thousand Baht) BALANCE SHEET AS AT 31 DECEMBER 1997 1996 Current Assets 10,516,181 7,883,179 Total Assets 16,961,383 13,479,098 Current Liabilities 10,312,054 7,172,045 Total Shareholders' Equity 4,184,553 4,758,711 STATEMENTS OF INCOME For the Year Ended, 31 December 1997 1996 Construction Activities Income 10,798,873 7,682,816 Total Revenues 11,610,885 8,302,628 Cost of Construction Activities 9,127,166 6,366,975 Operating Expenses 1,782,824 1,171,295 Net Profit Before Using the Managed Float System 479,061 491,132 Less : Minority Interest in Subsidiaries & Joint Ventures (22,432) (8,792) Net Profit Before Using the Managed Float System 456,629 482,340 Net Profit (Loss) From Using the Managed Float System (820,787) - Net Profit (Loss) (364,158) 482,340 Earnings Per Share (Baht) (3.47) 5.03 Book Value (Baht) 10.00 10.00 Note Total operating expenses including interest expenses, but excluding income tax