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Khon Kaen Sugar Industry

2014-03-18 16:00:03| Sugar Industry News

KSL posted a 1Q14 (Nov 2013-Jan 2014) net profit of Bt427m, up by 321% QoQ and 10% YoY. The result was 38% above our estimate and 20% clear of the consensus, due to higher-than-expected ethanol prices and sales volumes and lower-than-modeled tax expenses.

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