Thai Delta sees lower 2009 profit in weak market
BANGKOK |
BANGKOK May 11 (Reuters) - Delta Electronics (Thailand) PCL DELT.BK expects its net profit to fall below the 2.9 billion baht ($83.3 million) posted a year earlier due to lower sales to key export markets, a company director said on Monday.
The company also forecast that second-quarter earnings and revenue would be close to the first quarter, Anusorn Muttaraid told reporters.
"Our profit this year will probably be lower than a year earlier given the current economic situation, which has hit our key markets in Europe and America," Anusorn said. ($1=34.82 Baht) (Reporting by Manunphattr Dhanananphorn; Writing by Ploy Chitsomboon; Editing by Alan Raybould)
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