Company Reports

SANSIRI posted a thirdquarter net profit of Bt511 million, up sub¬stantially from Bt130 million in the same period last year, thanks to higher sales revenue, which sky¬rocketed to Bt4 billion, from Bt1.1 billion before. Expenses also dropped to 14 per cent of revenue, against 22 per cent before.

ASIAN PROPERTY DEVELOP¬MENT posted a thirdquarter net profit of Bt452.5 million, up 85.45 per cent from Bt244 million in the same period last year. Its quarterly gross margin rose to 34.3 per cent, from 33.4 per cent before, due mainly to transfers of condo¬minium units, which generated higher margins.

SC ASSET posted a thirdquarter net profit of Bt192.3 million, up 58.66 per cent from Bt121.2 mil¬lion in the same period last year.

GOLDEN LAND PROPERTY DEVELOPMENT posted a thirdquarter net loss of Bt22.7 million, against a net profit of Bt59.5 mil¬lion in the same period last year.

PRASIT PATTANA posted a thirdquarter net profit of Bt104 million, up 44.44 per cent from Bt72 mil¬lion in the same period last year, thanks to higher spending per head and an 8 and 6percent rise in the numbers of inpatients and outpatients, respectively.

DYNASTY CERAMIC posted a thirdquarter net profit at Bt148 million, up 17 per cent from Bt126.5 million in the same period last year.

CSP STEEL CENTRE recorded a 40.81percent increase in sales revenue in the first nine months of the year, to Bt2.9 billion. Although sales and administrative costs amounted to Bt106 million, up 133 per cent year on year, its net profit rose 734 per cent to Bt238.77 mil¬lion. The company attributed the better performance to higher sales volume of hot and coldrolled steel and a 2030percent increase in selling prices.

THAINOX STAINLESS posted a consolidated thirdquarter net loss of Bt403.5 million, compared with Bt367 million in the same period last year. Its nonconsolidated net loss increased 12 per cent year on year to Bt414 million. Despite a Bt162million increase in its gross margin, the company lost Bt69 million from inventory sales and experienced a Bt75million drop in other income and foreignexchange gains. It also experi¬enced a Bt64million increase in sales and administrative expenses.

OCEAN GLASS posted a consolidated thirdquarter net profit of Bt55.6 million, up 95.43 per cent from Bt28.45 million in the same period last year.

ALUCON posted a thirdquarter net profit of Bt187 million, up 127 per cent from Bt82.55 million in the same period last year. Its ninemonth net profit was Bt417 million, up 106 per cent year on year.

CHAROEN POKPHAND FOODS posted a thirdquarter net profit of Bt1.39 billion, up 6.92 per cent from Bt1.3 billion in the same period last year, due mainly to increased chicken exports.