SET Announcements
CLARIFICATION OF OPERATING RESULTS FOR 2/2000
16 August 2000
15 August 2000
The President
The Stock Exchange of Thailand
62 Ratchadapisek Road
Klong Toey, Bangkok 10110
Dear Sirs,
Clarification of Operating Results for the Second Quarter of 2000
Herewith we send you our interim comparative financial statements
covering the Second Quarter 2000 and 1999 as per the requirements of Rules and
Regulations of SET. The reasons for the 20% improvement of trading results of
the Second Quarter over the same of last year are due to our increased sales
revenue by 30.85 million Baht or an increase of 9.92 per cent.
Furthermore the South had enjoyed some unusually good weather i.e.
less rain, during the raining season, together with the carefully planed
marketing support, resulting in the increase of sales volume. Apart from these,
we have also raised our selling prices of our products of the 10 oz.size since
the middle of February this year as well as exercising consistent tight budget
control. All these culminate to the increase of profit for the Second Quarter
of the Year 2000.
Yours faithfully,
For Haad Thip Plc.
Sec.Lt.
(Phairoch Rattakul)
Managing Director
Office of Managing Director
Tel.392-9984-5 Ext.108