August 15th, 2005
Subject : Clarification of Operation Result of the Company for the 2nd
Quarter of the Year 2005
To : Secretary - General
The Office of Securities and Exchange Commission, Thailand.
The Union Mosaic Industry Public Company Limited has submitted the
company's Financial Statement for the period of 3 months and 6 months as ended
June 30th, 2005, reviewed by certified auditor including an explanation on the
differences of operation result. The company reported the revenue from sales
in 2nd quarter of 577.5 million Baht an increase of 15.0 percent from the same
period of the previous year of 501.8 million Baht. The net profit of 1.4 million
Baht a decrease of 25.6 million Baht from the same period of the previous year
of 27.0 million Baht, due mainly to the following matters:
1. The cost of good sold is of 502.3 million Baht, which is an increase of
25.3 percent from the same period of the previous year. And it is in
according to the proportional increase of sales and the increasing of
the price of raw materials and energy especially natural gas.
2. The selling and administrative expense is of 86.3 million Baht, which
is an increase of 6.9 percent from the same period of the previous year.
It is from the increase of transportation expense to support the
expanding of sales and the result of the increase in oil price.
3. The interest expense is of 15.2 million Baht, which is an increase
of 90 percent from the same period of the previous year. It is from
the increase of fund to support the expansion of production capacity.
Please be informed accordingly.
Yours sincerely,
(Miss. Paweena Laowiwatwong)
The Chairman of Executive Board of Directors
The Union Mosaic Industry Public Company Ltd.
