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Hemaraj’s Features its Excellent Performance on CNBC Asia

19/08/2008

Mr. David Nardone, President & CEO of Hemaraj Land And Development Plc., recently gave an interview to CNBC “Squawk Box Asia” Anchored by Martin Soong, The program features up-to-date report on economic and investment situation in the Asian markets.

During the over four minute live interview, Mr. Nardone discussed Hemaraj’s 2008 operation outperforming other players in the market with significant increase of net income : 26% year on year for Q2 and 62% year on year for the first half. The automotive industry comprising 60% of Hemaraj’s business in 2008 remains the key contribution to the company’s performance. This reflects Thailand’s strong position as the hub of auto manufacturing in Asia with a number of major movements in the auto business in Thailand.

For more details on the live interview, please visit www.hemaraj.com