News this week: Pico Thailand, the Thai-listed subsidiary of Hong Kong-based Pico Far East Holdings, released its results for the financial year ended 31st October 2011. The company posted revenues of US$45 million, an increase of 52% compared with the year before. Pico Thailand recorded a net profit of US$2.5 million this year, also a 52% jump compared with the previous year. Earnings per share in the financial year were Baht 0.646 (US$0.021).
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