SET Announcements
Clarification on Operating Results for the Six-Month of 2008
15 August 2008
14th August, 2008
The President
The Stock Exchange of Thailand
Dear Sir,
Clarification on Operating Results for the Six-Month Periods of 2008
The Company's operating results for the six-month periods of 2008, which have
been reviewed by external auditors, showed a Net Profit of THB 13.02 million,
an increase of THB 18.83 million, or exceeded a 20% improvement versus prior
year. This improvement in Net Profit was due to the following three reasons:
1. Net Sales Revenue increased by THB 55.23 million or 4.60%, driven
by an increase in sales volume growth. As a result, the company's
Gross Profit increased by THB 13.75 million or 4.65% versus prior
year.
2. Marketing support fund from Coca-Cola Thailand increased by THB
24.04 million or 32.64%.
3. Increases in selling and administrative expenses by THB 10.98
million or 2.79% were registered. This was largely due to sales
promotion expenses incurred as part of sales effort to the Modern
Trade customers, and the higher costs of fuel.
The above three key drivers accounted for the improvement in the Company's
Net Profit in the six-month periods 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