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Operating Results for 2007

BackFeb 25, 2008

SIS : Operating Results for 2007

Ref. 51/004

February 25, 2008

Subject : Reporting on Company's Financial Performance for the year of 2007

To : The Director and Manager of The Stock Exchange of Thailand

SiS Distribution (Thailand) Public Company Limited would like to announce Financial Report for the year ended December 31, 2007 which is audited by certified public accountant. The company's net profit for the year is 129.60 million baht increased by 36.63 million baht or increase by 39.40 % over last year. The detail are as follows :

1. Total revenue for year ended December 31, 2007 is 10,492.60 million baht,increased by 1,197.59 million baht or increased by 12.89% over last year. The growth of total revenue comes from the continuing growth in IT Industry in Thailand.

2. Total expenses for the year ended December 31, 2007 is 10,249.88 million baht, increased by 1,149.22 million baht or 12.63% over last year. The rising of total expenses also follows the rising of total revenue.

3. Gross profit for the year ended December 31, 2007 is 586.15 million baht,increased by 119.10 million baht or 25.50% over last year. Net profit for the year ended December 31, 2007 is 129.60 million baht , increased by 36.63 million baht or 39.40% over last year. The improvement of profit will be supported by smooth liquidity from withdraw bank security deposits of 296 million baht and weaken in US$ currency to reduce cost of products.

 

Yours sincerely,

 

Mr. Somchai Sittichaisrichart
Managing Director

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