19 August 1996
CLARIFIES ITS Q2/1996 FINANCIAL STATEMENT WITH DETAILS
CPN reported the summary of its reviewed quarterly financial
statements as follows:
(In Thousands)
Ending June 30
2nd Quarter For 6 months
1996 1995 1996 1995
CPN/CPN & its subsidiaries
Net profit 149,348 111,594 283,049 211,764
EPS (Baht) 1.49 1.12 2.83 2.12
Central Pattana Plc (CPN) clarified its Q2/1996 financial statement
which had a better performance than the same period of last year by 70% as
follows:
The company generated 70% more profits in the Q2/1996 or a profit of
Bt38 million from the opening of its business in Pinklao which generated
a tremendous revenues. This caused the profit in Q2/1996 to be higher
than the same period of last year.