BRIEF-Thai auto part firm AAPICO sees better profit in Q2

Newswire

BANGKOK, June 1 (Reuters) - Thailand's AAPICO Hitech PCL : * Second-quarter revenue and net profit to be better than a year earlier due to improving demand in the auto sector, President Yeap Swee Chuan told reporters * Plans to relocate plant in China to reduce costs and facilitate expansion * The firm reported first-quarter net profit of 55 million baht, turning round from a net loss of 67 million baht a year earlier as economic recovery helped boost demand ($1=32.53 Baht)

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