The diversified Bangkok-listed outfit recorded a net loss ofTHB 273m ($8.7m) for the three months to 30 June up from a THB 2.35bn deficit duringthe same period last year.

TTA, which also operates in the offshore segment through itsholding in Singapore-listed outfit Mermaid Maritime and has coal and fertiliserinterests, revealed that the huge reduction was mainly down to impairments andcharges falling to THB 230m from THB 2.3bn