REPORTS PROFIT GROWTH IN 1996
28 February 1997
Avanced Info Service Plc (ADVANC) reports audited annual financial
statements as follows.
Ending December 31,
For year
1996 1995
ADVANC
Net profit (loss) 3,563,284 2,994,340
EPS (baht) 15.23 12.80
ADVANC said its 1996's profit grew by Bt596 million or 19% as compared
to the earlier year because the number of its subscribers increased from
663,000 persons as at December 31, 1995 to 820,000 persons as at December
31, 1996. The increased number of subscribers has a direct positive
effect on the company's increased incomes.