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13 May 2003
EXPLANATIONS OF 62"OY IMPROVEMENT IN THE OPERATING RESULT
Date : 13/05/2003 08:14
BEC : EXPLANATIONS OF 62"OY IMPROVEMENT IN THE OPERATING RESULT
May 12, 2003
To: President
Stock Exchange of Thailand
Re: Submission of financial statements for the 1st quarter of 2003 and
the explanations of 62% y-o-y improvement in the operating results
Enclosures: Financial statements for the 1st quarter of 2003
We are sending you herewith the enclosed financial statement of the
Company and the consolidated statement of the group for the 1st quarter of
2003 ended 31st March 2003, which were reviewed by both the Auditor and
our Audit Committee.
The BEC World group was able to improve its operating results for
the 1st quarter of 2003 higher than that of the same period of last year
by 62%, because of the big improvement of our advertising airtime sales,
which is higher year-on-year by 28%, as the consequence of the increases
of our airtime rates since the last October, together with the improvements
in our airtime utilization in all day parts from increased overall
ad-spending which follows the growth of the economy.
Please be informed accordingly.
Sincerely Yours,
(Chatchai Thiamtong)
Vice President - Finance