reports reviewed quarterly financial statement

PDI REPORTS REVIEWED QUARTERLY FINANCIAL STATEMENT PDI reports its reviewed quarterly financial statement as follows: (in thousands) for the period ending March 31, 1994 1st quarter 1994 1993 PDI Net Profit before loss in subsidiaries 66,703 93,374 Less loss in investment in subsidiaries (29,905) (37,371) Net profit 36,798 56,003 EPS (Baht) before loss in subsidiaries 0.64 0.90 EPS (Baht) less loss in subsidiaries 0.35 0.54 Note : The management of the company reported that in 1994, one of its subsidiaries will close its operations. However, the company has not yet reduced its investmentand advance payment to that subsidiary, which amounts to approximately Bt51.7 million. PDI expects to receive about Bt1.4 million after an adjustment of the subsidiary's account has been made. The company will reduce its investment and advanced payment to that subsidiary after it reaches an agreement with its joint investors. This factor increases the March 31, 1994 report of total asset value and reported net profit, each by Bt50.3 million. Translated by The Nation