23 February 2007
Operating Result 2006
TRANSLATION
Central Pattana Public Co.,Ltd. announce that the company's
net profit for the year 2006 (approximately 1,685 million Baht) decrease
from 2005 by approximately 1,609 million Baht or 49% despite the fact that
net profit after tax for the year 2006 increase 239 million Baht from the
opening of the expansion phase in Centralworld and higher rental and service
from Central Plaza Lardprao, Central Plaza Pinklao, Central Airport Plaza
Chiangmai, Central City Bangna and Central Town Rattanathibet in 2006.
This is mainly due to the capital gain from financial lease transaction with
"CPN Retail Growth Property Fund"(CPNRF) approximately 2,019 million Baht
and loss from allowance for impairment approximately 171 million Baht
occurred in 2005 only.
(Mr.Naris Cheyklin)
Senior Executive Vice President & CFO
Central Pattana Public Co.,Ltd.