14 November 2006
Explanation of the change in Operating
Subject : Explanation of the change in Operating result
compared with the same quarter of the previous year greater
than 20%
To : President of the Stock Exchange of Thailand
CC : Secretary-General of the Securities and Exchange
Commission
As Tirathai Public Company Limited summit the Q3/2006
Financial Statement ended September 30,2006 show the Net Profit
35.35 million Baht which increase 22.44 million Baht or 174%
Compared with the same period in 2005 greater than 20%. The
main reasons are as followed.
1.Total revenue 411.92 million Baht increase 201.55 million
Baht or 95.82% which Gross margin at 22.55%
2.Selling and Administrative expense 42.33 million Baht
increase 6.84 million Bath or 19.27%. The Selling and
Administrative expense compare to Revenue equal to 10.28%
decrease from the same period in 2005 which equal to 16.87%
because Selling and Administrative expense are mainly fix
expense and the company can deliver all goods according to
the schedule, the revenue in Q3/2006 is growth as per the
projection.
Please be informed accordingly.
Yours Faithfully,
(Mr.Upakrom Thaweephoke)
Deputy Managing Director (Finance and Marketing)