ข่าวแจ้งตลาดหลักทรัพย์
14 พฤศจิกายน 2551
Operating Result for Quarter 3/2008
Ref: CK-08-000-AFD-L-0247
November 14, 2008
Subject: Declaration of the Operating Result of the Third Quarter Ended
September 30, 2008, Compared with the Third Quarter Ended
September 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 nine-
month period as of September 30, 2008 yields a increase in profit by 189.6 %
and 138.7 % respectively, compared with the operating result from the same
respective period of the year 2007 due to the following factors:
1. For the three-month period, the Company's interest income has gained
on revenue from reversal of provision for loss on investment in jointly
controlled entity of Baht 408 million. This is due to the decreasing debt
burdened of which the Company has to be responsible to the agreement
with the partners of the joint venture BBCD as to share this responsibility
to such debt burdened of joint-venture according to the resolution of the
Board of Directors Meeting No. 3/2008 of which the Company had
informed The Stock Exchange of Thailand's letter dated 15 May 2008.
2. In the third quarter of 2008, the Company's capital had gained its
income from the exchange rate of Baht 0.8 million while for the same
quarter of the previous year, the Company had got loss from the
exchange rate of Baht 130 million.
3. The paid interest of the Company has been decreased due to the
complete construction of the large projects and there already have been
repayment of loan.
4. The Company has had some decreasing loss from its investments in the
associated companies as some associated companies have gained more
income from the operation result such as Thai Tap Water Public ompany
Limited.
Hence, please be informed accordingly.
Sincerely Yours,
(Mr. Plew Trivisvavet) (Mr. Prasert Marittanaporn)
Directors