13 February 1995
clarifies news on growth rate
Sino-Thai Engineering & Construction Plc (STECON) clarified a
published report on February 12, 1995 stating that in 1995 the company
would reach a sales volume amount of Bt4.2 billion, a net profit of Bt466
million and an EPS of Bt15.5. This is compared with figures from the
previous year when sales volume was Bt3.66 billion, net profit was Bt390
million and EPS was Bt13. The growth rate is thus 20%, the paper said.
STECON said the above news did not originate from the company but it
could have arisen from the content of the analysis of the company's
financial analyst.
Translated by The Nati