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SPP posts rise in net profit for 2001.
Siam Pulp & Paper Plc (SPP), the affiliate of Siam Cement Plc (SCC), posted a rise in net profit for 2001, up 474 million baht to 3.27 billion baht from 2.79 billion baht a year earlier, Manager Daily said on January 31, 2002.
However In 2001, the company and its subsidiaries recorded total sales of 26.9 billion baht, compared to 27.3 billion baht a year earlier.
SPP president Somboon Chuchawal said lower sales costs and decreased interest debts helped increase net profit.
As a result, SPP will give ...
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