16 August 2000
OPERATING RESULTS CPN - Q2/2000
TRANSLATION
The Company's profit in Q2/2000 decrease from Q2/1999 more than 20%
because of the provision for loss from impairment of 2 projects under development of
148 million Baht and loss on foreign exchange of 58 million Baht. Should we exclude
the exchange gain (loss), provision for loss from impairment of property under development ,
gain from redemption of convertible bonds and gain on sale of investment, the profit
before tax of Q2/2000 will be 192 million Baht which increase from Q2/1999 by approximately
41 million Baht or 27%. This is due to higher rental and service income mainly received from
the Central Plaza Rachada Rama 3.