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