Back in profit

11 September 2002

The state-owned Tanning Organisation has made a profit of baht23 million (US$542,000), for the first time in seven years, according to director Panthep Puapongpan, who added the Organisation has been losing money over the past seven years, with last year's loss reported at baht89 million ($2.1million). The Tanning Organisation and the Battery Organisation, both under the Defence Ministry's supervision, have been scheduled for privatisation.

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