06 March 1997
CLARIFIES ITS 1996 FINANCIAL STATEMENT
Central Pattana Plc (CPN) reported its audited annual financial
statement as follows:
(in thousands)
For 1 year Ending December 31
1996 1995
CPN
Net profit 552,690 457,808
EPS(Baht) 5.53 4.58
Central Pattana Plc (CPN) clarified its operating performance in the
1996 profit and loss statement which showed a more than 20% change or
making Bt95 million more profit from last year or 20.73% as follows:
The company has opened Pinklao branch in March 31, 1995 and made
more revenues and also floor space sales in Lad Prao project make it
receive higher profit in 1996 than in 1995