The Union Moseic Industry Plc clarified for loss valued Bt28.4 m as
follows:
1. Loss on exchange rate was equal to Bt37.8 m.
2. Undivided gain/loss in joint ventures stayed at Bt2.75 m.
3. The company lost Bt36.8 m in that period compared with Bt130 m in
the same period last year, viewing that its performance was better.
Reasons of better performance:
1. higher revenues
2. lower cost of product
3. lower operating expenses.
