SET Announcements

Loxley Plc. (LOXLEY) reported its reviewed quarterly financial statements as follows: (in thousands) 1st Quarter Ending March 31, 1997 1996 LOXLEY Net profit (loss) 76,589 174,202 EPS (Baht) 1.91 4.36 Comment: Please verify details in financial statements, auditor's report, and remarks from R-SIMS. Loxley Plc.(LOXLEY) reported its reviewed quarterly consolidated financial statements as follows: (in thousands) 1st Quarter Ending March 31, 1997 1996 LOXLEY and its subsidiaries Net profit (loss) 51,816 140,148 EPS (Baht) 1.30 3.50 Comment: Please verify details in financial statements, auditor's report, and remarks from R-SIMS. The main cause explaining for plunging performance was concerned that it more highly reserved for interest expenses of CDs valued Bt66.3 million and for expenses of exchange rate. So, the profits gained within Q1/1997 period dived down very much, eventhough revenue from distributing IBM computers, for which it was supplier, was made higher.