18 November 1996
CLARIFIES ITS Q3/1996 FINANCIAL STATEMENT
CPN 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
CPN/CPN and its subsidiaries
Net profit 154,791 121,185 437,841 332,948
EPS (Bt) 1.55 1.21 4.38 3.33
Central Pattana Plc (CPN) clarified its Q3/1996 financial statement
which had a more than 20% better performance than Q3/1995 as it can make a
profit of Bt34 million in Q3/1996 or an increase of 28%. The higher profit
resulted from the opening of a new branch, Pinklao, which generated
revenues in full capacity. Therefore, it makes Q3/1996 performance to post
higher profit than Q3/1995.