Report to SET
Company's performance for the second quarter and the six months period of 2011
15 August 2011
The Stock Exchange of Thailand
Re: Company?s performance for the second quarter and the six months period of 2011
Attached please find a copy each of Thai and English version of the company only and consolidated, interim financial statements of Padaeng Industry Public Company Limited for the second quarter and six months ended 30 June 2011 for the SET?s information.
For the second quarter of 2011, Padaeng Industry Public Company Limited announces a consolidated net loss of 27 MB as compared to a net profit of 112 MB in Q2 2010. Net loss per share is 0.12 Baht compared to a net profit per share of 0.49 Baht in Q2 2010. Total revenue from sales and services for Q2 2011 amounted to 1,879 MTHB (24,635 tons) as compared to 2,123 MTHB (27,547 tons) in Q2 2010.
For the six months period of 2011, the Company announces a consolidated net profit of 187 MB as compared to a net profit of 422 MB in the same period of year 2010, a net profit per share of 0.83 Baht compared to a net profit per share of 1.87 Baht in the same period of year 2010. Total revenue from sales and services for the first half of 2011 amounted to 3,819 MTHB (48,410 tons) as compared to 4,293 MTHB (53,023 tons) in the first half of 2010.
The revenues and net profit have been affected by production shortfalls caused by incidents, mainly at Rayong. The annual shutdown took place this past quarter but has been longer than planned in consequence.
Please be informed accordingly.
- Signature -
Board Secretary Division
Tel. 0 2695 9499 Ext. 9335
Fax. 0 2695 9493
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