INTERVIEW-Thai Storage Battery sees '09 return to profit

Newswire

BANGKOK, May 27 (Reuters) - Thai Storage Battery , Thailand's biggest battery maker, expects to return to profit in 2009 as lead prices recover from last year's slump, a senior company executive said on Wednesday. The company posted a net loss of 472 million baht ($13.7 million) for the year ended Dec. 31, 2008 on revenue of 3.8 billion baht after suffering a loss on the inventory value of its lead stockpile during a period of great price volatility last year. "We expect no earnings loss ...

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