Ref. No.UMI 10/2552 Aug 14, 2009
Subject: Clarification of Operating Results of the Company and Subsidiaries
for the 2nd 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 June 30, 2009 which were reviewed by certified auditor. The results of
operating of Q2/2009 compared to those in Q2/2008 are as followings:
(Unit : million baht) 1st Quarter Change Increase / (Decrease)
2009 2008 Million baht percent
Sales Revenues 549 582 (33) -6%
Net profit (Loss) 32 (12) 43 371%
The significant changes of operating result of Q2/2009 compared to
results of Q2/2008 are as follows:
1. Revenue from sales for Q2/2009 was decreased by 6% from that of
Q2/2008 due to the economy.
2. Gross profit margin for Q2/2009 was 21.5% higher than 13.5% gross
profit margin of Q2/2008, 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 Q2/2009 was decreased by 9%,
compared to those of Q2/2008 due to policy in expense saving, and
also a decrease in interest expenses due to short-term loan repayment.
Please be informed accordingly.
Yours sincerely,
(Miss Paweena Laowiwatwong)
The Chairman of Executive Board of Directors
The Union Mosaic Industry Public Company Limited
