Bangkok--21 May--TTW
Mr. Chaiwat Utaiwan TTW New Manaing Director mentions that 1Q2014 financial statement of the company and its subsidiaries record the total revenue by 1,389 million baht and the net profit by 717 million baht, respectively decreasing from that in 1Q2013. This is mainly because the company and its subsidiaries have no the transaction of corporate income tax as company to that in 1Q2013 by 325 million baht.
Regarding the water sales for the first 3 month, the company and its subsidiaries record the water sales of 68.17 million cu.m. increasing by 1.6% from that in 1Q2013. Also, its total assets, liabilities and equities as of 31 March 2014 are 23,719 million baht, 13,383 million baht and 10,336 million baht, respectively as well as its debt to equity of 1.29 times.
Mr. Chaiwat adds that "concerning the future investment, the company will focus mainly on tap water business as its core business by planning the capacity expansion in the service area of Pathum thani, Samut sakorn and Nakhon pathom to serve the rising water demand from industrial, commercial and household sector in the future with the investment cost by 2.2 billion baht. On the other hand, the company has intention to develop tap water supply project in Myanmar under the budget of 250 – 300 million baht to use it as a pilot project for expanding tap water business in the future.”
For more information, please contact Public Relation Department
Khun Vittaya (Vit) Tel. 02-8117526 ext 1109
Khun Narumon (kung) Tel. 02-8117526 ext. 1114
Khun Chanon (Non) Tel 02-8117526 ext 1110