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BTS, IRPC, Ratchaburi, Siam City Cement: Thai Equity Preview

July 30 (Bloomberg) -- The following shares may have unusual price changes in Thailand’s stock market. Stock symbols are in parentheses after company names, and prices are from the last close.

The SET Index rose 0.81, or 0.1 percent, to 854.59, headed for its seventh straight weekly gain.

BTS Group Holdings Pcl (BTS TB): The operator of Bangkok’s elevated rail network maintained its forecast for revenue to grow 8 percent this year, even after its operations were disrupted by anti-government protests in April and May, the Bangkok Post reported, citing the company’s Chairman Keeree Kanjanapas. The shares rose 1.2 percent to 0.82 baht.

IRPC Pcl (IRPC TB): Thailand’s second-biggest petrochemical maker by market value said yesterday second-quarter profit fell 51 percent to 1.19 billion baht ($36.9 million). The shares were unchanged at 3.9 baht.

Ratchaburi Electricity Generating Holding Pcl (RATCH TB): Thailand’s biggest publicly traded power producer said today that second-quarter profit dropped 26 percent to 1.52 billion baht as costs increased. The shares fell 1.3 percent to 37.25 baht.

Siam City Cement Pcl (SCCC TB): Thailand’s second-biggest cement maker said yesterday that second-quarter profit increased 5.2 percent to 731 million baht as sales expanded. The company, in a statement today, said it will pay an interim dividend of 6 baht per share. The stock was unchanged at 220 baht.

To contact the reporter on this story: Tony Jordan in Bangkok at tjordan3@bloomberg.net

To contact the editor responsible for this story: Linus Chua at lchua@bloomberg.net

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