12 May 1997
REPORTS REVIEWED QUARTERLY FINANCIAL STATEMENT
Electricity Generating Plc. (EGCOMP) reported its reviewed quarterly
financial statements as follows:
(in thousands)
Ending March 31,
Quarter 1 For 3 months
Year 1997 1996 1997 1996
Net profit (loss) 460,494 286,483 460,494 286,483
EPS (baht) 0.89 0.65 0.89 0.65
Comment: 1. Please see details in financial statements, auditor's report
and remarks from Public SIMS.
EGCOMP would like to report the quarterly operating result ended
March 31, 1997, that it soared the net profit equivalent to Bt144.01
million or 60.74% because Khanom Electricity Generating Co.,Ltd, its
subsidiary,won the contract with The Electricity Generating Authority of
Thailand. Therefore, Khanom has managed to generate and distribute the
electricity, accounting for increasing the earnings to mother company.