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IRPC: 4Q net loss was worse than market had expected

ThaiVest Editorial TeamFebruary 17, 2010No commentIRPCThai StocksThailand Investments

The company recorded Bt5,415m net profit for the year 2009, translating to Bt0.27/share. This represented a sharp improvement form a loss as high as Bt18,262m YoY. Nonetheless, for the fourth quarter of 2009, there was a loss of Bt928m or Bt0.05/share. Although this was a marked improvement YoY but comparing QoQ, this was a sharp fall from a profit of Bt2,300m. (SET)

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