Bloomberg News

Thailand Stocks: Bumrungrad, Minor, Sri Trang Agro, S. Khonkaen

May 14, 2012

Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the close in Bangkok.

The SET Index (SET) slid 2.1 percent to 1,165.51, the most since Oct. 20.

Bumrungrad Hospital Pcl (BH) , a hospital operator, climbed 1.2 percent to 61.75 baht. Profit in the first quarter rose 40 percent from a year earlier to 582.6 million baht ($18.6 million), the company said in a statement.

Minor International Pcl (MINT) , an operator of fast-food restaurants and hotel resorts, gained 1.4 percent to 14.50 baht, the steepest advance since May 3. Net income in the first quarter jumped 55 percent to 1.28 billion baht, according to a statement to the stock exchange.

Sri Trang Agro-Industry Pcl (STA) , the nation’s largest rubber producer, dropped 6 percent to 17.30 baht, the most since Oct. 18. Net income in the first quarter fell 77 percent to 397.5 million baht.

S. Khonkaen Foods Pcl (SORKON) , a producer of meat products, surged by the daily limit of 30 percent to 47 baht, a record close. Profit in the first quarter surged to 27.5 million baht from 9.9 million baht a year earlier.

Tipco Foods Pcl (TIPCO) , a producer of fruit juices and canned fruits, slid 23 percent to 6.30 baht, the largest drop since December 2006. Net income in the first quarter declined 34 percent to 35 million baht.

Thai Storage Battery Pcl (BAT3K) (BAT3K TB), a maker of automobile batteries, slumped 15 percent to 74 baht, the most since August 2008. The company had a net loss of 104.7 million baht in the first quarter, compared with a net income of 88.4 million baht in the same period a year earlier.

Tipco Asphalt Pcl (TASCO) , an asphalt producer, fell 12 percent to 39.50 baht, the largest decrease since Sept. 26. Net income in the first quarter slid 94 percent to 5.72 million baht.

To contact the reporter on this story: Anuchit Nguyen in Bangkok at anguyen@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net


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