2Q12 Earnings Summary and the winner is…

Paper & Printing Materials! Eh?! But its true Paper & Printing Materials grew 213% YoY and 84% QoQ, only two companies are TCP and UTP are listed within the sector and off the top of my head I have no idea how this came to be. The worst performing sectors were anything commodity related (Energy, Agri, Steel). If you look further at the complete table then you’ll note that the SET as a whole didn’t perform well YoY even when excluding Energy & Steel from the calculations net profit still declined for the SET as a whole by 20% YoY, ominous signs ahead perhaps?

Graph 1: Net Profit %age Changes YoY and QoQ

Table 1: Summary of Net Profit per Sector

Source: Kimeng pdf and my excel.