ข่าวแจ้งตลาดหลักทรัพย์
02 มีนาคม 2552
Operating Result For the year ended 2008
Ref: CK-09-000-AFD-L-0033
March 2, 2009
Subject: Declaration of the Operating Result of the Year Ended December 31,
2008, Compared with the Year Ended December 31, 2007
Attention: President
The Stock Exchange of Thailand
The operating result of CH. Karnchang Public Company Limited,
Subsidiaries and Jointly controlled entities for the year ended of December
31, 2008 yields an increase in profit by 3,647.2%, compared with the operating
result form the same fiscal year due to the following factors:
1. In the year 2008, 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 issued a letter dated 15 May 2008 as to
inform The Stock Exchange of Thailand.
2. In the year 2008, the Company's capital had gained its income from the
exchange rate of Baht 78 million while 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 Company Limited.
Hence, please be informed accordingly.
Sincerely Yours,
(Mr. Prasert Marittanaporn) (Mr. Anukool Tuntimas)
Directors