SET SPOTLIGHT:
AMC surpasses 1-mth high after Q208 report shows THB183.4 mil net profit
Asia Metal Public has seen its share price rise to the highest level in more than a month at 2.78 baht apiece in Monday trade after the company announced an impressive Q2-08 earnings report.
AMC report shows a net profit of 183.4 million baht at the end of Q1-08 compared with 35.8-million-baht net loss a year earlier.
The company credited a 47.6% increase in revenue to 3.2 billion baht driven by a 7.3% rise in sales as steel prices went up recently.
This evening AMC price fell slightly but still closed more than 2% higher from last Friday close at 2.58 baht.
SET DATEBOOK:
12 Aug 2008: Fuel Price Cut ( THB0.60): (All Service Stations)
Gasohol 95 THB29.39/Liter
Gasohol 91 THB28.59/Liter
Benzene 91 THB36.89/Liter
12 Aug 2008: Fuel Price Cut ( THB0.80): (All Service Stations)
Diesel THB34.24/Liter
14 Aug 2008: Release of July Consumer Confidence Index