Ref. No.UMI 9/2552 May 14, 2009
Subject: Clarification of Operating Results of the Company and
Subsidiaries for the 1st quarter of 2009
To: Secretary - General
The Office of Securities and Exchange Commission, Thailand
The Union Mosaic Industry Public Company Limited has submitted the
company's consolidated Financial Statements for the three - month ended as
at March 31, 2009 which were reviewed by certified auditor. The results of
operating of Q1/2009 compared to those in Q1/2008 are as followings:
(Unit : million baht) 1st Quarter Change Increase / (Decrease)
2009 2008 Million baht percent
Sales Revenues 584 661 (77) -12%
Net profit (Loss) 3 (6) 9 150%
The significant changes of operating result of Q1/2009 compared to
results of Q1/2008 are as follows:
1. Revenue from sales for Q1/2009 was decreased by 12% from that of
Q1/2008 due to the economy.
2. Gross profit margin for Q1/2009 was 14.6% higher than 13.3%
gross profit margin of Q1/2008, due to policy in product
development, cost reduction especially in raw material cost,
and a price decrease of natural gas in production cost.
3. Selling and administrative expenses for Q1/2009 was decreased by
10.6%, compared to those of Q1/2008 due to policy in expense
saving, and lower delivery expenses due to decrease in fuel price.
Please be informed accordingly.
Yours sincerely,
(Miss Paweena Laowiwatwong)
The Chairman of Executive Board of Directors
The Union Mosaic Industry Public Company Limited
