LTF. 201/2007
August 9, 2007
Subject Change in performance of more than 20 percent
To The President The Stock Exchange of Thailand
TICON Industrial Connection Public Co., Ltd. ("the Company") announced the reviewed interim financial statements for the quarter ended June 30, 2007 to the Stock Exchange of Thailand ( SET ) on August 9, 2007. The performance of the Company and its Subsidiaries for the said period as compared with the same period of last year was as follows:
(Unit : Million Baht) |
2007 |
2006 |
Change |
Quarter 2 | |||
Rental and related service income |
176.04 |
143.61 |
22.58% |
Sales of properties to tenant |
66.89 |
52.00 |
28.63% |
Sales of properties to TFUND |
- |
1,982.00 |
- |
Net income |
85.20 |
654.17 |
-86.98% |
First Half | |||
Rental and related service income |
343.29 |
314.22 |
9.25% |
Sales of properties to tenant |
171.89 |
71.00 |
142.10% |
Sales of properties to TFUND |
118.45 |
1,982.00 |
-94.02% |
Net income |
167.77 |
707.50 |
-76.29% |
Earnings of the Company and its Subsidiaries for Q2/2007 and H1/2007 decreased by Bath 568.97 million and Baht 539.73 million, or 86.98 percent and 76.29 percent, respectively, from the same period of year 2006. The main reason is that the Company had no sales of properties to TFUND in Q2/2007. However, the Company s rental and related service income which generated from the Company s main business, for Q2/2007 and H1/2007 still increased as compared with the same period of last year.
Please be informed accordingly
Yours faithfully
(Miss Lalitphant Phiriyaphant)
Head of finance
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