Listed companies' first-quarter profit up 33 per cent

The top five stocks for registered capital are PTT, PTT Exploration and Production, Siam Cement, Siam Commercial and PTT Chemical. Stock Exchange of Thailand (SET) chief operating officer Nongram Wongwanich yesterday said 455 listed companies out of 494 companies - including property funds and non-compliance companies - reported a combined 2008 first-quarter net profit of Bt152.38 million, up 33 per cent on year. Of these, there were 384 companies posting net profit and 71 companies posting losses.

Meanwhile, the listed companies' 2008 first-quarter combined revenues were Bt1.78 trillion, up 32 per cent on year.

Companies ranked in the SET 100 group posted a 2008 first quarter combined net profit of Bt128.79 billion, up 25 per cent year on year, buoyed by gains from foreign exchange of 54 per cent. Meanwhile, the SET 100 companies' 2008 combined revenue increased 37 per cent.