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October 23rd, 2011
67 SET Companies Report Some Flooding Impact

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Floods have affected 67 listed companies representing 12% of total revenues and net profits of firms on the Stock Exchange of Thailand, says SET executive vice-president Chanitr Charnchainarong. The 67 firms exclude those in Bang Kadi Industrial Park, which flooded on Thursday night. Ten firms reported severe losses or properties submerged, while the remainder had to shut down some operations or had supply disrupted. He said the 67 companies comprised 11% of total market capitalisation. Read More