13 November 2008
Clarification of Change in Operation Results excess 20%
November 13, 2008
Subject: Clarification of Change in Operating Results excess 20%
To : The President of the Stock Exchange of Thailand
Further to the submission of TRT's Financial Statement for the 3rd
quarter 2008 to Stock Exchange of Thailand on 12 November 2008, the Company
would like to report that the net profit for the first 9 month to 30.9.2008 is
equal to 53.61 million Baht, decreased by 3.76 million Bath, or representing
6.56% comparing to the same period last year. However, the company has net
loss for 3 month to 30.9.2008 of 12.44 million Baht as per the following
reasons.
1. Total revenue for the first 9 months to 30.9.2008 is equal to
1,143.70 million Baht, increased by 143.45 million Baht, or representing
14.34% increase comparing to the same period last year. Total revenue for 3
months to 30.9.2008 is equal to 209.68 million Baht, decreased by 139.07
million Baht or 39.88% decrease comparing to the same period last year
because the delivery date of some products have been postponed to the 4th
quarter 2008 due to the delay of vessel for export.
2. Gross profit margin for the first nine month to 30.9.2008 is equal to
25.05% or representing 1% increased compared to the same period last year.
3. SG&A is equal to 188.43 million Baht, or 18% increased as being in
line with the increase in sales volume.
4. The company has an assessed import duty burden totally 8.54 million
Baht,due to the same interpretation of import duty rate through out the same
industrial by Customs Department as referred in Note to Financial Statement
No.15 and expects to be accessed additionally about 15.09 million Bah, giving
total sum of 23.63 million Baht which are shown as expense in the Financial
Statement noticeably.
Please be informed accordingly.
(Mr.Upakrom Thaweephoke)
Executive Committee and Company Secretary