Stocks in the news (epco, centel, qh, ptt, thcom, tasco, tmb) 13.11.13

EPCO

Profit up 335% YoY in 9M13 — Eastern Printing announced 9M13 net profit of Bt112mn, growth of 335% YoY. It expects 2013 revenue to rise 30% with a 160% jump in net profit. It expects to book a dividend from Bor-Ploy Solar of Bt57mn in 4Q13. (Khao Hoon, 13/11/13)

CENTEL

Centel posts explosive profit in Q3 – Central Plaza Hotel Plc (CENTEL) reported a strong performance in the third quarter on the back of record high tourism figures this year. Suthikiati Chirathivat, chairman of the board, said consolidated revenue rose by 18% to Bt4.09bn YoY, 45.5% from hotels and 54.5% from the quick-service restaurants. (Bangkok Post, 13/11/13)

Comment: Their movement to more hotel management contracts over the past few years has been a boon to their bottom line

QH

Quality Houses raises revenue target after strong 9 months – Quality Houses has boosted this year’s revenue target from Bt18bn to Bt20bn after reporting revenue of Bt15.64bn and net profit of Bt2.57bn in the first nine months. (The Nation, 13/11/13) Continue reading Stocks in the news (epco, centel, qh, ptt, thcom, tasco, tmb) 13.11.13