News this week: Pico Thailand, the Thai-listed subsidiary of Pico Far East Holdings, released its results for the quarter ending 31st January 2012. Revenues in the quarter were US$13 million, an increase of 56% over the same quarter in 2011. The company recorded a net profit of US$992,000 in the quarter, an impressive jump of 141% over the same period last year. Earnings per share in the quarter were Baht 0.271 (US$0.0087).
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