Clarifications on company's performances the Q3/2006
[Translation]
Ref. PDI/BK-BS-075/2006
14 November, 2006
To : President
The Stock Exchange of Thailand
Re.: Clarifications on company's performances in the third quarter
and nine-month of 2006
Attached are a copy each of Thai and English version of the
unaudited interim financial statements (both consolidated and the
company only) of Padaeng Industry Public Company Limited for the third
quarter and nine-month period ended 30 September 2006 together with
clarifications on the company's performances during the said periods
for the SET's information as follows:
From the company's consolidated statement of income for the third
quarter of 2006, total sales from revenues and services was Bt2,524m which
increased by Bt1,129m or a 81% increase from the same quarter of last year.
There was a net profit of Bt232m or a net profit per share of Bt1.03
compared to net profit of Bt109m or a net profit per share of Bt0.48
in the same period of year 2005, a 113% increase.
From the company's consolidated statement of income for the
nine-month of 2006, total sales from revenues and services was Bt7,326m
which increased from the same period of last year by Bt2,810m or a 62%
increase. There was a net profit of Bt1,243m or a net profit per share
of Bt5.50 compared to net profit of Bt442m or a net profit per share of
Bt1.96 in the same period of year 2005, a 181% increase.
The extent of the company's improved performance is largely due to
the rise of the LME zinc price, which has increased since last year from
an average of USD2,966 per ton or a rise of 129% over the same period
last year. The average zinc price of the third quarter rose further to
USD3,363 per ton.
Please be informed accordingly.
Yours truly,
- Signature -
(Bernard Tonnon)
Managing Director
Board Secretary Division
Tel. 0 2661 9900 Ext. 1402, 1501
Fax. 0 2661 9946