Thailand: CNT reports on the year 2006's operating result.

(From Thai Press Reports)

Section: SET Filing - Christiani & Nielsen Thai PCL. would like to explain the reasons for the actual operating result varying by 20% from the preceding year. The Company would like to inform that for the year ended 31 December 2006, the Consolidated net profit of Baht 66 million decreased from the previous year by Baht 70 million,as in year 2006,the Costs of Construction increased due mainly to the soaring oil prices and the increase in interest rates in the market. In addition, the Company has set up the full estimated loss from construction projects due to extended period of the construction contracts which resulted in a decrease of the …