18 November 1998
OPERATING RESULTS
-- TRANSLATION --
Net income of Central Pattana Public Company Limited
(CPN) for the Q3/98 is 80 million Baht or increased from
Q3/97 by 191 million Baht which is more than 20%. This is mainly
due to foreign exchange gain in Q3/98 amounted to 131 million
Baht while in Q3/97 there were losses of 275 million Baht and the
company also provided allowance of 114 million Baht for loss on
declining in value of investment, cost of project development and
doubtful accounts totalling 114 million Baht.