Ref.No.UMI15/2008 November 13, 2008
Subject: Clarification of Operating Results of the Company and
Subsidiaries for the 3rd quarter of 2008
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 September 30, 2008 which were reviewed by certified auditor. The results
of operating of Q3/2008 compared to those in Q3/2007 are as followings:
(Unit : million baht) 3rd Quarter Change Increase / (Decrease)
2008 2007 Million baht percent
Sales Revenues 584 565 18 3%
Net profit (Loss) (17) (28) 11 39%
The significant changes of operating result of Q3/2008 compared
to results of Q3/2007 are as follows:
1. Revenue from sales for Q3/2008 was increased by 3 percent from
that of Q3/2007, due to an increase in high value added
product sales volume as planned.
2. Gross profit margin for Q3/2008 was 13% higher than 11% gross
profit margin of Q3/2007. Although, energy price increased by
56% compared to price of Q3/2007, the company policy about
product development to create high value added product,
together with an improvement in production line to decrease
loss resulted in higher gross profit margin.
3. Selling and administrative expenses for Q3/2008 increased by
2 percent, compared to those of Q3/2007 which was due to
higher delivery cost from a rise 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 Ltd.
