Kang Yong Electric Public Company Limited reported consolidated and parent company earnings results for the first quarter ended June 30, 2014. For the quarter, on consolidated basis, net profit was THB 137,144,000 or THB 6.23 per share against THB 164,532,000 or THB 7.48 per share a year ago. The company recorded revenues from sales of goods and rendering of services of THB 2,434.9 million, down by THB 64.9 million or 2.6% due mainly to decreases in domestic sales and sales to other export markets of 3.8% and 11% respectively. The company posted a pre-tax profit of THB 171.3 million, representing 7.0% of revenues from sales of goods and rendering of services.

For the quarter, on parent company basis, net profit was THB 136,448,000 or THB 6.20 per share against THB 164,219,000 or THB 7.46 per share a year ago.