16 August 2010
Clarification of Change in Operation Results excess 20%
August 16, 2010
Subject: Clarification of Change in Operation Results excess 20%
Attention : The President of the Stock Exchange of Thailand
Further to the submission of the financial statement for the first six
month to 30.6.2010 of Tirathai Public Company Limited as of 30.6.2010 to Stock
Exchange of Thailand on 16 August 2010, the Company would like to report that
the net profit of the first six month to 30.6.2010 is equal to 92.46 Million
Baht, decreased by 46.01 Million Baht or representing 33.23% compare to the
same period last year and the net profit for the 2nd quarter 2010 is equal to
15.57 Million Baht, decreased by 34.20 million Baht or representing 68.72%
compare to the same period last year which is excess 20% change in operating
results as per the following reasons:
1. Total revenue for the first six months to 30.6.2010 is equal to 752.37
Million Baht, decreased by 524.41 Million Baht or representing 41.07% decrease.
2. Gross profit margin from sale of goods and services is at 31.09% or
representing 16% which increased when compare to the same period last year.
3. Selling and Administration Expense including Management Remuneration are
totally of 118.35 Million Baht or representing 23% decrease due to decrease in
volume of sales as normal course of operation.
4. Finance cost is equal to 13.69 Million Baht, decreased 4.67 Million Baht
Please be informed accordingly.
(Mr.Upakrom Thaweephoke)
Executive Committee and Company Secretary