ข่าวแจ้งตลาดหลักทรัพย์
14 สิงหาคม 2551
Operating Result for Quarter 2/2008
Ref: CK-08-000-AFD-L-0173
August 14, 2008
Subject: Declaration of the Operating Result of the Second Quarter
Ended June 30, 2008,Compared with the Second Quarter Ended
June 30, 2007
Attention: President
The Stock Exchange of Thailand
The operating result of CH. Karnchang Public Company Limited,
Subsidiaries and Jointly controlled entities for the three-month and six-month
period as of June 30, 2008 yields a decrease in profit by 37.5 % and 29.6 %
respectively, compared with the operating result from the same respective
period of the year 2007 due to the following factors:
1. For the six-month period, the Company's interest income has decreased
by Baht 156.1 million. This is due to the adjustment in the first quarter
(three-month ended March) of 2007, of a higher retroactive interest rate for
loan to subcontractors and loan to other companies
2. In the second quarter of 2008 as the Company's capital had gained on
sales of investment in associated company of Baht 278.6 million, which is a
decline of total Baht 296.2 million from the gain on sales of investments in
associated company of Baht 574.8 million from the same period in 2007.
3. For the three-month ended June 2008, the Company incurs Baht 42.9
million of share of loss from investments in associated companies, while for
the same three-month ended period of last year, the Company had share of
profit of Baht 8.1 million from the aforesaid investments.
Please be informed accordingly.
Sincerely Yours,
(Mr. Plew Trivisvavet) (Mr. Ratn Santaannop)
Directors