CLARIFIES ITS Q2/1996 FINANCIAL STATEMENT WITH DETAILS

16 August 1996
TNL reported its reviewed quarterly financial statements as follows: (In Thousands) Ending June 30 2nd Quarter For 6 months 1996 1995 1996 1995 TNL Net profit 32,507 29,332 66,138 52,375 EPS (Baht) 5.42 4.89 11.02 8.73 TNL reported its reviewed consolidated financial statements as follows: (In Thousands) Ending June 30, 2nd Quarter For 6 months 1996 1995 1996 1995 TNL and its subsidiaries Net profit 31,944 29,301 65,352 52,247 EPS (Baht) 5.32 4.88 10.89 8.71 Thanulux Plc (TNL) clarified its 6-month financial statement of 1996 which showed a net profit of Bt66.1 million or 26.28% higher than the same period of last year of Bt52.3 million as follows: 1. The sales for BOI and NON-BOI were higher. The proportion for this year was 23:77 compared to 13:87 of last year. Moreover, sales in BOI expanded 93.6%. Profits ratio between BOI and NON-BOI rose in the year to 54:46 compared to 26:74 of last year. BOI alone had a 141.64% higher profit than the same periof of last year. 2. This year, the company recognized revenues from investment in 3 of its subsidiaries who are: - Thai Hamilton Ltd - Thai Monster Ltd - Total Way Image Ltd