Ref. No.UMI 7/2010 May 7, 2010
Subject: Clarification of Operating Results of the Company and
Subsidiaries for the 1st quarter of 2010
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, 2010 which were reviewed by certified auditor. The results
of operating of Q1/2010 compared to those in Q1/2009 are as followings:
(Unit : million baht) 1st Quarter Change Increase /(Decrease)
2010 2009 Million baht
Sales Revenues 635 584 51
Net profit (Loss) 49 3 46
The significant changes of operating result of Q1/2010 compared to
results of Q1/2009 are as follows:
1. Revenue from sales for Q1/2010 was increased by 9% which was a
result of company policy in research and development to increase
product value, and an expansion in distribution channel and customer
group.
2. Gross profit margin for Q1/2010 was 21% higher than 15% gross profit
margin of Q1/2009, due to policy in product development and a success
in improving production efficiency and cost saving.
3. Total assets for Q1/2010 were decreased by Baht 78 million, compared
to those of Q1/2009, due to depreciation of fixed assets and decrease
in inventory.
Please be informed accordingly.
Yours sincerely,
(Miss Paweena Laowiwatwong)
The Chairman of Executive Board of Directors
The Union Mosaic Industry Public Company Limited
