Bangkok--Mar 15--SET
The 23 listed companies on the mai (Market for Alternative Investment)
recently announced their 2004 operational performances. In 2004, the mai listed
companies collectively recorded THB1.035 bln. (approx. USD 25.875 mln.) in net
profits, equivalent to an average 29% growth. The mai listed firms were led by
four companies - Interlink Communication Pcl. (ILINK), CM Organizer Pcl. (CMO),
Unique Mining Service Pcl., and Porn Prom Metal Pcl. having 344%, 205%, 188% and
150% growths respectively.
President of the mai, Mr. Vichate Tantiwanich, said that the 23 listed
companies on the mai have already submitted their financial statements for the
year ended December 31, 2004. They collectively posted a total of THB1.035 bln.
in net profits, which is equivalent to a 29% year-on-year rise. In 2004, the
mai-listed firms showed net profits almost across the board.
“The mai-listed firms are mainly small- and medium-sized enterprises
with high growth potential. From their 2004 operation performances, it can be
seen that there were 4 listed companies which experienced exceptional growth of
more than 150%. They are:
1) Interlink Communication Pcl. (ILINK) which record THB40 mln. worth
of net profits, an incredible 344% rise over the same period last year. This
phenomenal rise was attributed to a 30% increase in distribution income and new
sources of income from ILINK’s installation of the telecommunication network for
the Suvarnabhumi Airport Phase I, and the Smart Card Project for the Tariff
Department.
2) CM Organizer Pcl. (CMO) recorded THB58 mln. in net profits, soaring
a healthy 205% year-on-year. The improved performance of CMO was due to its robust
event and marketing promotion businesses. Its clients, in both public and private
sectors, have increased their marketing promotion budgets. In addition, CMO has
also realized earnings from two subsidiaries—PM Center Co., Ltd. and The Eye
Co., Ltd.
3) Unique Mining Services Pcl.(UMS) recorded THB135 mln. in net profits.
This was an increase of 181% year-on-year, which was attributed to an expanded
customer base, especially within the small- and medium-sized firms. The profit
margin of UMS improved while its sales and administrative expenses decreased.
4) Porn Prom Metal Pcl. (PPM) had THB52 mln. worth pf net profits, or
a rise of 150% over the same period last year. PPM has constantly expanded its
customer base while its existing customers increased their order volume. In
addition, its suppliers have been able to catch up with the rising market demand,
thus fulfilling PPM’s orders efficiently.
Mr. Vichate also added that in addition to the 4 listed companies that
posted an exceptional profit growth of more than 150%, another three companies—C.I.
Group Plc. (CIG), L.V. Technology Pcl. (LVT), and Goldfine Manufacturers Pcl.
(GFM)— also showed remarkable profit growths of 130%, 110% and 100% respectively.
For more information on the mai-listed firms, please browse
www.mai.or.th or SETTRADE.Com’s website at www.settrade.com , or contact the
S-E-T Call Center at Tel: 0-2229-2222
Operational Performance of the mai-listed Firms in 2004
Unit: Mln. Baht
Company Net Profits in 12-Month Period
2004 2003 % Change
1) Interlink Communication Pcl. (ILINK) 40 9 344
2) CM Organizer Pcl. (CMO) 58 19 205
3) Unique Mining Services Pcl (UMS) 135 48 181
4) Porn Prom Metal Pcl. (PPM) 52 21 148
5) C.I. Group Pcl. (CIG) 46 20 130
6) L.V. Technology Pcl. (LVT) 44 21 110
7) Business Online Pcl. (BOL) 12 6 100
8) Lighting & Equipment Pcl. (L&E) 44 24 83
9) Dhanamitr Factoring Pcl. (DM) 19 11 73
10) Pico Thailand Pcl. (PICO) 41 30 37
11) Master Ad Pcl. (MACO) 85 65 31
12) Solution Corner (1998) Pcl. (SLC) 21 16 31
13) Chuo Senko (Thailand) Pcl. (CHUO) 13 10 30
14) RK Media Holding Pcl. (RK) 38 30 27
15) Tapaco Pcl. (TAPAC) 24 22 9
16) Goldfine Manufacturers Pcl. (GFM) 107 100 7
17) Sherwood Chemicals Pcl. (SWC) 63 69 -9
18) Thai Mitsuwa Pcl. (TMW) 128 147 -13
19) International Research Corporation Pcl. (IRCP) 36 44 -18
20) Pack Delta Pcl. (PD) 39 60 -35
21) Yuasa Battery (Thailand) Pcl. (YUASA) 4 20 -80
22) Focus Engineering and Construction Pcl. (FOCUS) 2 13 -85
23) The Brooker Group Pcl. (BROOK) -16 4 -500
Total 1,035 809 28.43
For more information,
please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 /
Kulvida Jintakawong Tel: 0-2229-2037 /
Nattaporn Boonprapa Tel: 0-2229-2049 /
Watsamon Saowakhonsathien Tel: 0-2229-2797 End.