14 May 2007
Clarification of Change in Operation Results excess 20%
May 14, 2007
Subject: Clarification of Change in Operation Results xcess
20%
Attention : The President of the Stock Exchange of Thailand
Further to the submission of TRT financial statement for the
1st quarter ended 31 March 2007 to Stock Exchange of Thailand
on 14 May 2007, the company would like to report the reasons
why the company has net loss for the 1st quarter 2007 of
37.66 million Baht which represents more than 20% change
compared to the same period last year as follows:
1. Total revenue of 184.41 million Baht, decreased by 95.6
million Baht or 34% due to the postponement of delivery of
goods to 2nd quarter as follows: 1 item awaiting for signing
agreement with electrical utility, 3 items awaiting for export
delivery and 1 awaiting for witness test which their values
all together equal to 210 million Baht.
2. Gross profit margin is 8.4% compared to 18.59% the same
period last year or decrease by 10.19% as a result of the
revenue below the breakeven point of the manufacturing cost.
3. Selling and Administrative Expense is 47.90 million Baht,
increased by 2.02 million Baht or 4.40%, which is in line with
the normal increasing rate of operation.
Please be informed accordingly.
(Mr.Upakrom Thaweephoke)
Deputy MD (Financial&Marketing)