SET Announcements
Clarification on Operating Results for Q1/2008
15 May 2008
15th May, 2008
The President
The Stock Exchange of Thailand
Dear Sir,
Clarification on Operating Results for the First Quarter of 2008
The Company's operating results for the first quarter of 2008, which have been
reviewed by external auditors, showed a Net Profit of THB 22.82 million, an
increase of THB 19.62 million, or an 20% improvement versus prior year. This
improvement in Net Profit was due to the following three reasons:
1. Net Sales Revenue increased by THB 26.34 million or 4.16%, driven by
an increase in sales volume growth. As a result, the company's Gross
Profit increased by THB 9.76 million or 6.25% versus prior year.
2. Marketing support fund from Coca-Cola Thailand increased by THB
13.14 million or 34.49%.
3. Stricter control of operating expenses, resulting in a reduction
of 1.38% versus prior year.
The above three key drivers accounted for the improvement in the Company's Net
Profit in the first quarter of 2008.
Yours faithfully,
For Haad Thip Public Company Limited
Sec.Lt.
(Phairoch Rattakul)
President & CEO
Office of the Managing Director
Tel.0-2391-4488 Ext.103