Bangkok--Nov 9--CS LoxInfo
CS LoxInfo Public Company Limited (CSL) has reported net profit for the third quarter of Baht 108 million, an increase of 81 million Baht, or 300%, over the same period last year. The net income comprised the Internet service and Yellow Pages businesses, amounting to Baht 56 million and Baht 52 million, respectively.
Revenue from the Internet business for the third quarter of 2004 was Baht 359 million, an increase of 16%, over the same period in 2003. This was mainly due to the continued growth of leased lines and the broadband market.
As from September 2004, the Company launched an ADSL service with a rate of Baht 590 per month, which received a good response from customers. The revenue from this service will have a significant role in the near future, creating more extensive use of broadband Internet.
The Yellow Pages business generated revenue of Baht 154 million. The Company has modified the content, book image and marketing plan of Yellow Pages to increase customers’ awareness and motivate them to use the Yellow Pages. Its advertising received a strong response. Moreover, the Company tightly controlled cost and expenses, resulting in an increase in net income. End.