Bangkok--21 Aug--SET Forty-eight listed companies on Thailand’s the Market for Alternative Investment (mai) announced a consolidated Q2/08 net profit of THB 728 million (“approx. US$ 21.47 million”), a 58% increase year-on-year (y-o-y). Total revenue was THB 11.81 billion (“approx. US$ 348.24 million”), a 9% rise y-o-y, with 11 companies reporting more than 100% net profit growth. Meanwhile, during the first six months of 2008, mai-listed firms posted a consolidated net profit of THB 22.50 billion (“approx. US$ 663.60 million”), or an 11% increase y-o-y, with a total net profit of THB 1.50 billion(“approx. US$ 44.09 million”) which is an increase of 70% y-o-y. Firms registering a Q2 net profit growth of more than 100% y-o-y were led by Thai Ha PLC (KASET), which transformed last year’s THB 5 million loss (US$ 0.15 million) into a net profit of THB 62 million (US$ 1.83 million) - a spike of 1,246%, mai President Chanitr Charnchainarong said. Other companies enjoying healthy rises include, in order of descending percentage Q2 profitability, CPR Gomu Industrial PCL (CPR), which recorded a net profit growth of 474%, Chuo Senko (Thailand) PCL (CHUO) with 455%, L.V. Technology PLC (LVT) with 354%, Steel Intertech PLC (STEEL) with 343%, Pylon PLC (PYLON) with 324%, Pico Thailand PLC (PICO) with 159%, Goldfine Manufacturers PLC (GFM) with 117%, Tapaco PLC (TAPAC) with 114%, Yuasa Battery (Thailand) PCL (YUASA) with 107%, and Demco PLC (DEMCO) which recorded 101% growth. The three most profitable companies for H1/08 are, in order of descending absolute profitability, Unique Mining Services PLC (UMS) with a net profit of THB 240 million (approx. US$ 7.08 million), Goldfine Manufacturers PLC (GFM) with THB 164 million (approx. US$ 4.84 million) and Demco PLC (DEMCO) with THB 159 million (approx. US$ 4.69 million). Despite economic and political uncertainties, most mai-listed companies recorded a significant total net profit increase, reflecting the commercial agility of small- and medium-sized firms, as several successfully overcome last year’s losses. Many that are still “in the red” come from the Media, Service, Technology and Telecommunications sectors which still rely on revenue from government’s project,” Mr. Chanitr noted. Those wanting more information on the operational results of all listed companies can attend a the discussion, The outlook for Thai stocks in H2/08, bright or gloomy?, during the mai Stock Focus on Stage Series 3 seminar on Tuesday, August 26, from 13:00 — 16:30 hours, at the SET Building, Bangkok. Among those speaking at this occasion will be SCRI Assistant Managing Director Sukit Udomsirikul and Thanachart Securities Executive Vice President Pichai Lertsupongkit. The event will also provide a discussion of energy business trends and in-depth information on two outstanding stocks traded on mai by executives from Thai Nondestructive Testing PLC and TRC Construction PLC. Reservations can be made at S-E-T Call Center at 0-2229-2222 and more details are available on www.mai.or.th. Currently, there are 49 companies traded on mai, with a total market cap of THB 33.60 billion (approx. US$ 991.03 million). The mai index closed at 244.01 points on August 19, 2008. For more information, please visit www.mai.or.th or register to receive free market data via e-mail at [email protected].