Thaicom Reports 2011 Results

Nonthaburi, Thailand, February 16, 2012--Satellite operator THAICOM Public Company Limited (released its full-year 2011 operating results reporting  consolidated net operating profits for a second quarter in a row of 46 million Baht  (US$ 1.45 million), an increase of 186.7% over the previous quarter’s consolidated net operating profit of 16 million Baht (US$ 520,000) . The overall performance for the year, with a net loss of 130 million Baht (US$ 4.23 million)  carried over from the first half of the year, on normalized business operations, was an 83.9% improvement over the previous year’s results, when a loss of 806 million Baht (US$ 26.24 million) was recorded.