Thailand’s largest energy firm PTT Plc on Monday reported its 2009 net profit of 59.5 billion baht, an increase of 15 percent or 7.8 billion baht from that of 2008.
In a letter to the Stock Exchange of Thailand (SET), PTT’s president and chief executive officer Prasert Bunsumpun reported that the company’s consolidated net profit in 2009 rose to 59.55 billion from 51.7 billion baht a year earlier, resulting an increase in the earnings per share to 21.06 baht from 18.33 baht in 2008.

Last Friday, PTT had earlier submitted its financial …

Thai Union Frozen Products Plc (TUF), Thailand’s leading manufacturer and exporter of frozen and canned seafood, recently announced that its net profit for last year had reached a record breaking 3.34 billion baht, an increase of 52 percent from that of 2008.
TUF’s president Thiraphong Chansiri on Monday disclosed that the huge increase in the company’s 2009 net profit was partly the result of a dramatic profit surge in the fourth quarter from 307 million baht in 2008 to 718 million baht last year.
The company’s annual sales in US dollars for …

Malaysia-base CIMB Group Holdings Bhd is expected to become the first foreign company to list on the Stock Exchange of Thailand (SET) when the new regulations on foreign listing on the Thai bourse come into effect next month.
SET president Patareeya Benjapolchai on Monday revealed the new regulations on foreign listing have been approved by Thailand’s Securities and Exchange Commission (SEC) and the Thai bourse in October this year and will be effective from next month.
However, Patareeya disclosed that the regulations will in the first phase allow only the dual listing …

Siam Cement Plc (SCC) on Wednesday announced a consolidated net profit of 6.99 billion baht in the third quarter of this year, an increase of 18 percent from the same period last year, despite a 19 percent drop in net sales.
According to its report to the Stock Exchange of Thailand, SCC, the country’s leading industrial conglomerate, said the net profit of 6.99 billion baht rose slightly by two percent from the second quarter of this year while the earnings before interest, tax, depreciation and amortisation (EBITDA) in the third quarter …

Thailand’s PTT Plc has acquired a total of 14.6 million shares, worth about 157 million baht, in Thai Lube Blending Co., Ltd. (TLBC) from TOTAL Oil (Thailand) Co., Ltd. and other shareholders, helping it to fully control the lubricating oil company.
According to a report to the Stock Exchange of Thailand (SET), the country’s largest oil and gas firm PTT on Monday said its wholly owned subsidiary, PTT Retail Business Co., Ltd. (PTTRB), had signed an agreement with TOTAL Oil (Thailand) Co., Ltd. and other shareholders to purchase the 14.6 million …

Thailand’s TrueMove will be receiving advance reservation for new iPhone 3G S Wi-Fi during August 5-24 before the launch of the innovative handset will be made in Thai market on August 28.
The advance reservation can be made via TrueMove’s website at www.truemove.com or at True Shops around the nation while those reservation makers can pick up their iPhone 3G S Wi-Fi from August 28 to September 3.
According to Papon Ratanachaikanont, assistant to the president and chief executive officer of True Corporation Plc and the company’s deputy group chief commercial officer, …