Haad Thip Plc (HTC) reported on its reviewed quarterly financial statements as follows: (In Thousands) Ending September 30 3rd Quarter For 9 Months 1996 1995 1996 1995 HTC Net profit (Loss) (6,450) 7,857 23,365 58,743 EPS (Bt) (0.41) 0.59 1.66 4.42 HTC said its Q3/1996 performance declined over 20%, giving following reasons: 1. Price concentrated syrub rose. 2. The company bought more vehicles, on hire purchase term, as it has opened new warehouses and expanded distribution in each province. 3. Price of spare parts was much higher. 4. The company has opened more warehouses to enhance more thorough distribution, leading to higher expenses. At the present, the company has its own warehouse in almost every 14 southern provinces, except only in Satool.