Stocks on Mai show sales growth in Q2

Forty-three listed companies on the Market for Alternative Investment (mai)

reported a combined Bt10.33 billion growth in sales for Q2/2007 - a 20 per cent increase over that of the same period last year. Firms reported combined net profits of Bt430 million, or a 4 per cent increase. Six companies, Tirathai (TRT), C.I. Group (CIG), L.V. Technology (LVT), TRC Construction (TRC), Eternity Grand Logistics (ETG), Focus Engineering (FOCUS), yielded exceptional growth rates of 398 per cent, 369 per cent, 267 per cent, 215 per cent, 164 per cent and 113 per cent, respectively.

For the first half of this year, mai-listed firms produced Bt19. 21 billion in sales - a 17 per cent increase over the Bt16.37 billion in the same period last year. Profits of Bt809 million in the first six months represented a 3 per cent increase on the Bt788 million in the same period last year.

The most profitable company in absolute terms was Unimit Engineering Plc(UEC),which posted Bt154 million in profit. The second most profitable was Unique Mining Services Plc (UMS), with a profit of Bt119 million, and the third was Demco Plc (GFM), posting Bt83 million profit.

"The operational performance of mai-listed companies in Q2/2007 demonstrated that despite higher sales overall, profits were negatively affected by current economic and political conditions and the strengthening baht, particularly firms in the media and services industries.

"However, many are still growing strongly, with 32 recording profits and, of

these, 25 posted larger profits than for the same period last year.

Consequently, small- and medium-sized firms with continuing growth and high

competitiveness appear to provide positive investment opportunities. Companies with high dividend yields are also of interest, with eight firms announcing interim dividend payments totaling Bt261 million" mai President Chanitr Charnchainarong announced.

Companies which have announced their interim dividend are C.I. Group (CIG)

with a 2.24% dividend yield (as of Aug. 17), Multibax (MBAX) with a 6.49%

dividend yield, Pico (Thailand) (PICO) with a 8.95% dividend yield, Steel

Intertech (STEEL) with a 12.56% dividend yield, Tapaco (TAPAC) with a 6.25%

dividend yield, Thai Plaspac (TPAC) with a 8.77% dividend yield, Unimit

Engineering (UEC) with a 5.05% dividend yield, and Unique Mining Services

(UMS) with a 3.71% dividend yield.

Currently, there are 44 companies listed on mai, with a total market

capitalization of Bt28.7 billion. The mai Index closed at 238.57 on August 17, 2007.

 Interim dividend payment by mai-listed companies

 Company name          Dividend per          XD Date     Payment date

                           share (baht)

C.I. Group (CIG)             0.10                 8/8/2007     22/8/2007

Multibax (MBAX)              0.18                23/8/2007     9/7/2007

Pico (Thailand) (PICO)       0.10                20/6/2007     7/3/2007

Steel Intertech (STEEL)      0.05                23/8/2007     9/6/2007

Tapaco (TAPAC)               0.03                17/8/2007    31/8/2007

Thai Plaspac (TPAC)          0.35                21/8/2007     9/7/2007

Unimit Engineering (UEC)     0.70                23/8/2007     9/7/2007

Unique Mining Services (UMS) 0.50                22/8/2007     9/7/2007