SET Announcements
28 February 1996
Operating Results
BERLI JUCKER PUBLIC CO.LTD.
PRESS RELEASE
Berli Jucker reports net profits of Baht 541.3 million
Berli Jucker Public Co. Ltd. today announced its full year results for 1995:
Revenues grew by 19.3 per cent to Baht 9,429.5 million and consolidated net
profit increased by 15.4 per cent to Baht 541.3 million. The Company's
final dividend was Baht 2.40 per share which brings the full year dividend
to Baht 3.50, a 16.7 per cent increase over 1994.
Commenting on the results, Berli Jucker's President Dr. Adul Amatavivadhana
noted:
"The gratifying increase in profitability reflects the benefits of our
carefully considered approach to backward integration into manufacturing.
Three of our four core business areas achieved increased after tax contri-
butions; Consumer Products, Glass Containers and Technical Products. Our
Engineering group was held back by higher than expected losses at Siemens
Ltd., which is an associated company, and Thai Scandic Steel, which
is a subsidiary.
The Consumer Products group benefited from a very strong performance from
Cellox Paper, which moved from losses in 1994 to profits in 1995, as well
as significantly increased sales of wines, confectionery and our "Party"
snack foods.
The Glass Containers business, which had been capacity constrained for about
12 months, achieved outstanding sales and profit growth on the back of our
Baht 1.2 billion investment in a 36.2% capacity increase which came on
stream in July 1995.
Our Technical Products business also achieved exceptionally strong growth,
in particular from our photographic & electronic imaging lines and
stationery lines".
With respect to the outlook for 1996, Dr. Adul went on to say,
"Prospects in our key business areas are very good. The Glass Containers
business will benefit from continued strong demand and a full year of the
increased capacity at Thai Glass Industries. The Technical Products
business, particularly in medical equipment and pharmaceuticals, stationery
and chemicals is also expected to achieve very strong growth. Consumer
Products will continue to face stiff competition in the personal care
segment but the prospects for Cellox Paper as well as Siam Snack, which is
launching a new range of products in 1996, are very encouraging. The
Engineering business should enjoy significantly improved contributions from
our agency business and Siemens Ltd."
Berli Jucker, which has plans for a major push into Vietnam, recently
announced that its subsidiary Thai Glass Industries had been awarded a
license by the Vietnamese Government to build and operate a 200 tonnes per
day glass manufacturing facility in Song Be province just outside Ho Chi
Minh City.
February 28, 1996
For further information please contact:
Dr. Adul Amatavivadhana, President Tel # 367-1012
Mr. David Nicol, Executive Vice President/C.F.O. Tel # 367-1024
Mr. Phisit Dachanabhirom, Executive Vice President Tel # 367-10



