Clarification on Company's performance for year 2009
[Translation]
Ref. PDI/BK-BS-012/2010
02nd March 2010
To: President
The Stock Exchange of Thailand
Re: Clarification on Company's performance for year 2009
Attached please find a copy each of Thai and English version of the
company only and consolidated financial statements of Padaeng Industry
Public Company Limited for the year ended 31st December 2009 for the SET's
information.
For year 2009, Padaeng Industry Public Company Limited announces
a consolidated net profit of 296 MTHB as compared to 265 MTHB in 2008.
Net profit per share is 1.31 THB compared to a net profit per share
of 1.17 THB in 2008.
The total revenue from sales and services for year 2009 amounted
to 6,619 MTHB as compared to 8,142 MTHB in 2008. The reduction in revenue is
due mainly to the LME zinc price which decreases from the average of 1,875
USD/ton in 2008 to 1,655USD/ton in 2009. The net profit however has improved
with the help of relative strength of the USD which average at 34.3 THB/USD
in 2009 compared to 33.5 THB/USD in 2008.
Please be informed accordingly.
Yours truly,
- Signature -
(Mr. Surin Tanticharoenkiat)
Company Secretary
Board Secretary Division
Tel. 0 2695 9499 Ext. 9335
Fax. 0 2695 9493