11 พฤศจิกายน 2539
CLARIFIES DRAMATIC INCREASE IN ITS Q3/1996 NET PROFIT
EGCOMP reported a summary of its reviewed quarterly financial
statements as follows:
(In Thousands)
Ending September 30
3rd Quarter For 9 Months
1996 1995 1996 1995
EGCOMP/EGCOMP and its subsidiaries
Net profit 576,213 118,090 1,184,641 724,534
EPS (Baht) 1.18 0.30 2.42 1.81
Electricity Generating Plc (EGCOMP) clarified the dramatic increase
in its Q3/1996 net profit by Bt460.11 million or 63.50% as compared to
that of previously year.
The hugely increased net profit was a result of the profit sharing
from the investment in the subsidiary, Kanom Electricity Generating Co.,
Ltd. (KEGCOMP).
On June 19, 1996, KEGCOMP had been transfered Kanom power plant which
is able to generate and distribute electricity to Electricity Generating
Authority of Thailand (EGAT). This leaded to KEGCOMP increased income and
profit which will be later shared to EGCOMP.