SET Announcements
15 May 2009
Operating Result for Quarter 1/2009
Ref: CK-09-000-AFD-L-0033
May 15, 2009
Subject: Declaration of the Operating Result of First Quarter Ended
March 31, 2009, Compared with the Year Ended March 31, 2008
Attention: President
The Stock Exchange of Thailand
The operating result in the first quarter period of CH. Karnchang
Public Company Limited, Subsidiaries and jointly controlled entities for
the three months period ended March 31, 2009 yields an increase in profit
by 242.8%, compared with the operating result from the same fiscal year
2008 due to the following factors:
1. The construction projects of the Company have been in progress such as
the project of Bang-Sue Education Centre and Environment Preservation
Work and Waste Water Treatment System of Bangkok Metropolitan and
NN2 Hydroelectric Power Project (Nam Ngum 2) at the Lao People's
Democratic Republic. Especially the construction of NN2 Hydroelectric
Power Project (Nam Ngum 2) at the Lao People's Democratic Republic from
the work contract, has gained the additional income and the higher
construction cost compensation.
2. The Company has gained profit from the exchange rate for about 97
million baht in the first quarter of the present year whilst the Company
had gained loss for about 48 million baht at the same fiscal year of last
year.
Hence, please be informed accordingly.
Sincerely Yours,
(Mr. Ratn Santaannop) (Mr. Prasert Marittanaporn)
Directors