Bangkok--Jun 2--SET
The 25 listed companies on the mai (Market for Alternative Investment)
recently announced their Q1/2005 operational performances. In this period, they
collectively recorded THB238 mln. (approx. USD 5.95 mln.) in net profits, while
the market’s average profits increased by 17%. The top three mai-listed firms
with highest profit growth were Unique Mining Service Pcl., Yuasa Battery Pcl.,
and Business Online Pcl., having 145%, 138%, 120% increases, respectively.
President of the mai, Mr. Vichate Tantiwanich, said that the 25 mai-
listed firms have already submitted their financial statements for Q1/2005.
They collectively posted a total of THB238 mln. (approx. USD 5.95 mln.) in net
profits, equivalent to a 17% year-on-year rise from the THB204 mln. in Q1/2004.
As for sales growth, these firms have experienced approximately a 30% sales
increase overall, jumping from THB2.88 bln. in Q1/2004 to THB3.72 bln. in
Q1/2005.
“Growth has been the general nature of most mai-listed firms. Their
Q1/2005 performances have posted outstanding growth rates. There were 6 listed
companies which experienced exceptional rises of over 100%, i.e.:
1) Unique Mining Services Pcl. (UMS) recorded THB54 mln. in net
profits, or an increase of 145% year-on-year. UMS’ earnings per share were
recorded at THB0.77 per share, or up 148.68%. The company had a 73% rise in
sales, leading to total sales of THB309 mln. for Q1/2005. These higher sales
were due to the demand for coal as a substitute for oil, and UMS was positively
affected by rising oil prices. Also, the average price of coal had risen when
compared to Q1/2004.
2) Yuasa Battery Pcl. (YUASA) recorded THB326.56 mln. in total revenues,
representing a 15.51% growth. It also recorded THB5.76 mln. in net profits, which
increased by THB22.08 mln. from Q1/2004, or a 138% hike. These increases were due
to higher revenues received from a sales price increase and more batteries being
sold for new cars and to export markets.
3) Business Online Pcl. (BOL) recorded a 120% rise in net profits, as
its revenues from its Online Information Service rose by THB5.52 mln., or 30.10%.
4) C.I. Group Pcl. (CIG) recorded THB171.28 mln. in revenues, up by
THB31.15 mln., or 22.23% over Q1/2004. The company gained from the warmer
climates both domestically and overseas, coupled with the expansion of its large
-scale projects. CIG earned THB12.50 mln. in net profits, or a 117% rise.
5) Lighting and Equipment Pcl. (L&E) earned THB13 mln. in net profits,
or a 117% rise. The company had THB282 mln. in sales, jumping 40% from Q1/2004,
due to the expansion of its product lines. Lighting products soared 43% in sales
due to construction expansion, the improvement of sales to department stores and
other outlets, and the rapid expansion of resort and spa businesses. Sales of
lighting products used for landscape decoration thus increased. Furthermore, the
government’s campaign for energy savings has also driven the greater demand for
energy-saving lighting products. Project completion transfer at Suvarnabhumi
Airport was another contributing factor to the growth of L&E.
6) Dhanamitr Factoring Pcl. (DM) earned THB8 mln. in net profits,
which, when compared to Q1/2004, represents a remarkable 100% improvement. The
contributing factor was its revenues earned by factoring receivables, which
increased by over 79%.
For more information on the mai-listed firms, please consult security
research reports on these stocks by browsing 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
Furthermore, from June 2005 onwards, investors can learn more about
mai-listed firms from the “Analyst Consensus” section available on www.mai.or.th.
The section will show comparative financial figures as analyzed by securities
analysts which will be helpful in making better investment decisions.
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
Attachment to the mai Release No.16/2005 June 1, 2005
Operational Performances of the mai-listed Firms in Q1/2005
Unit: Mln. Baht
Net Profits in 3-Month Period
Company 2005 2004 % Change
1) Unique Mining Services Pcl (UMS) 54 22 145
2) Yuasa Battery (Thailand) Pcl. (YUASA) 6 -16 138
3) Business Online Pcl. (BOL) 2 0.9 122
4) C.I. Group Pcl. (CIG) 13 6 117
5) Lighting & Equipment Pcl. (L&E) 13 6 117
6) Dhanamitr Factoring Pcl. (DM) 8 4 100
7) Porn Prom Metal Pcl. (PPM) 31 17 82
8) CPR Gomu Industrial Pcl. (CPR) 20 11 82
9) Tapaco Pcl. (TAPAC) 9 5 80
10) Pico Thailand Pcl. (PICO) 14 8 75
11) L.V. Technology Pcl. (LVT) 12 8 50
12) Goldfine Manufacturers Pcl. (GFM) 26 19 37
13) Interlink Communication Pcl. (ILINK) 12 9 33
14) Siam2You Pcl. (S2Y) 9 7 29
15) Sherwood Chemicals Pcl. (SWC) 18 17 6
End.