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The operating result for the year ended September 30, 2003 of the Company appears the net profit of Baht 12,453 million, an increase of Baht 2,271 million compared to the same period last year. Although the Company was effected by the Irag War and SARS outbreak, the revenues from the sale of goods and the rendering of services of the Company increase from last year amount of Baht 5,521.00 million or 4.3% even though the revenues from the sale of goods and the rendering of services decreased in the third quarter. Moreover, the Company has gains on currency exchange amount of Baht 4,160.00 million because of stronger Baht. The Company’s selling and administrative expenses increase from last year amount of Baht 6,495.00 million or 5.9% due to the increase in fuel price.

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