14 May 2009
The President of the Stock Exchange of Thailand
Re : Report on business operation result
Thai Rubber Latex Corporation (TRUBB) has net profit of Bt 92.93 million
in Q1/2009 , increase Bt 47.81 million from the same period of previous year
or more than 20% .
The business operation in Q1/2009, China's economic growth has been a
major factor to support Thailand's rubber export and maintain rubber demand.
Hence,the price of field latex has risen up to 40 baht per kilogram at the end
of this quarter which has been the uptrend for latex price to make a profit
effortlessly from the stock.
For the operation result of the company in Q1/2009, the company has the
income from sales and services Bt 1,589.31 million , decrease Bt 403.81
million or 20.26 percent decrease (Sales and services income decrease occurred
from reduction selling price as the market demand and supply) Whereas,the cost
of goods sold and services is Bt 1,335.72 million, decrease Bt 489.06 million
or 26.80 percent decrease. That make the gross margin Bt 253.59 million,
increase 85.25 million or 50.64 percent increase.
The company incurred selling and administration expenses Bt 113.19
million , increase Bt 12.28 million or 12.17 percent increase,because the
sales volume increase. Other expense is Bt 26.52 million ,increase Bt 7.22
million or 37.41 percent increase. Financial cost is Bt 34.87 million,
decrease 14.74 million or 29.71 decrease. Corporate income tax is Bt 0.04
million. The company incurred other income Bt 9.98 million,decrease 16.97
million or 62.97 percent decrease. Loss from exchange rate is Bt 6.52 million.
Please be informed accordingly,
Your truly,
Mr.Vorathep Wongsasuthikul
Managing Director