- As of November 10, 2000, fifty-seven listed companies, thirty-three of them in the production and services sector, have submitted their financial statements of the third quarter, ending September 30, 2000. For the companies in the production and services sector, the total net profit in the third quarter is 3,943 million baht, up by 129% from the total net loss of 13,540 million baht in the same period last year. The total net profit, excluding the loss from the exchange rate of 4,844 million baht, is 8,787 million baht, up from the total net profit of 23 million baht in the same period last year. For the past three months, these companies have had a total net loss of 1,142 million baht, down by 92%, from the total net loss of 13,988 million baht in the same period last year.
- As for the operational results of listed companies over the past nine months, the top five sectors with the highest profits are Pulp and Paper, Commerce, Building and Furnishing Materials, Insurance, and Hotels and Travel Services. For the past nine months, the companies in these sectors have had a total net profit of 8,114 million baht, up by 220% from the total net loss of 6,758 million baht in the same period last year. This is because the sales growth in these five sectors has increased by 21%, with the gross profit margin of 31%, close to that of last year.
- The top five sectors with the highest losses are Chemicals and Plastics, Agribusiness, Energy, Electronic Components, and Entertainment and Recreation. The companies in these sectors have had a total net loss of 4,462 million baht, down by 36% from the total net loss of 6,758 million baht in the same period last year. This is because the loss from the exchange rate has decreased by 22% and the sales growth has increased by 43%, with the gross profit margin of 16%, when compared to the gross profit margin of 14% of last year.
- With regard to sales, companies in almost all sectors of the production and services sectors recorded an increase in sales, with sales growth of 25% over the past nine months, and the gross profit margin of 20%, close to that of last year. The return on equity increased to 2.25%, when compared to -7.70% for last year. The return on asset increased to 0.72%, when compared to -2.45% for last year.
- As for the operational results of the listed companies in the Banking and Finance Sector, comprising commercial banks and finance companies, there have been no changes in the figures from the operational results of the twenty-four companies reported by the Stock Exchange of Thailand on November 3, 2000.
FTSE Mondo Visione Exchanges Index:
Stock Exchange of Thailand Announces Third Quarter 2000 Operational Results
Date 13/11/2000
The Stock Exchange of Thailand today released its official report as of November 10, 2000 on listed company operational results for the third quarter, ending September 30, 2000. Fifty-seven listed companies have submitted their financial statements as of November 10, 2000. Thirty-three companies in the production and services sector reported improved operational results, with an increase in third quarter total net profit for companies in Pulp and Paper, Commerce, Building and Furnishing Materials, Insurance, and Hotels and Travel Services. The summary information is as follows:
