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Banner Year Expected for Thailand State Enterprises.

Bangkok Post (Bangkok, Thailand)

| June 03, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Chatrudee Theparat

Jun. 3--Thai state enterprises are expected to record strong operating performances over the next three years due to more effective management and a sound economy, according to the head of the National Economic and Social Development Board.

Chakramon Phasukvanich said state enterprises were likely to top previous projections, particularly for fiscal 2005 when combined net profits of 73.11 billion baht were projected, based on the robust outlook for the current fiscal year ending on Sept 30.

He said state enterprises this year were expected to earn 94.3 billion baht, up from 70 billion in 2003. A previous NESDB study ...

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