Clarifications on company's performances in the Q2/2005
[Translation]
Ref. PDI/BK-BS-053/2005
11 August, 2005
To : President
The Stock Exchange of Thailand
Re.: Clarifications on company's performances in the second quarter
and first-half of 2005
Attached are a copy each of Thai and English version of the
unaudited interim financial statements (both consolidated and on the
company only) of Padaeng Industry Public Company Limited for the
second quarter and six-month period ended 30 June 2005 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
2nd quarter of 2005, total sales from revenues and services was
Bt1,653.5m which increased by Bt83.9m or a 5.3% increase from the
same quarter of last year. There was a net profit of Bt198.3m or
a net profit per share of Bt0.88 compared to net profit of Bt45.9m
or a net profit per share of Bt0.20 in the same period of year 2004,
a 331.5% increase.
From the company's consolidated statement of income for the
first six months of 2005, total sales from revenues and services
was Bt3,152.9m which increased from the same period of last year by
Bt325.0m or a 11.49% increase. There was a net profit of Bt333.0m
or a net profit per share of Bt1.47 compared to net profit of Bt130.3m
or a net profit per share of Bt0.58 in the same period of year 2004,
a 155.5% increase. The company's total sales volume for the first half
of the year decreased by 7.4% to 53,043 metric tons as compared to the
same period of 2004 in line with the lower market demand.
The main factors for the increase in net profit despite the lower
sales volume are the higher LME zinc price in 2005 and the increased
input of silicate ore from Mae Sot mine.
Please be informed accordingly.
Yours truly,
- Signature -
(Pinit Vongmasa)
Chief Executive Officer
Board Secretary Division
Tel. 0 2661 9900 Ext. 1402, 1501
Fax. 0 2661 9946
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