SET Announcements
16 May 2003
OPERATING RESULTS - QUARTER 1/2003
Date : 16/05/2003 13:07
SIRI : OPERATING RESULTS - QUARTER 1/2003
(Translation)
Ref. SS./ 0351 /2003
16 May 2003
Re : The Explanation for the cause of the change in the Company's performance
with respect of year 2003 financial statement of the Company
ending 31 March 2003.
Attn : President
The Stock Exchange of Thailand
Referring to Sansiri Public Company Limited's year 2003 financial statement ending 31 March
2003, it has reported a profit which varied more than 20%, compared to the previous year.
With this regard, the Company would like to explain that the realized income of property
development for sales has significantly increased almost 140% compared to the same period of
last year as well as 60 million baht revenue from hotel's registered. In addition, company gross
profit has improved to over 30%. This is the main reason that has resulted in more than 20%
variance of the profit of the Company and its subsidiaries when compared to the same period of
the previous year.
Therefore, we inform you respectfully.
Yours sincerely,
.
(Mr. Apichart Chutrakul)
Director
.
(Mr. Wanchak Buranasiri)
Director