LARIFIES FOR Q2/1997 RESULT
19 August 1997
Thantawan Industry Plc clarified for Q2/1997 result compared with the
same period a previous year as follows:
1.Total revenue depleted from the same period last year Bt16.94 m or
12.32% because government did not bring about any measure to ease trading
barriers and boost exports.
2.The company cut Bt3.21 m or 2.66% of total revenues as bad debts.
3.THIP posted loss amounting Bt1.59 m or 1.32% of total revenues after
amortising inventory finished products.
4.As The Customs Department, Department of Regional electricity
Autority and Labour & Social Welfare Ministry ruled out patent cut and fee
hike, other revenue reduced while expenses jumped high.
