News
Reporting on Company's Financial Performance for the Quarter
Ref. 51/014
August 7, 2008
Subject : Reporting on Company's Financial Performance for the Quarter 2/2008
To : The Director and Manager of The Stock Exchange of Thailand
SiS Distribution (Thailand) Public Company Limited would like to announce Financial Report for thequarter 2/2008 as of June 30, 2008 which is reviewed by registered auditors. The company's net profit for the quarter is 55.4 million baht, increased by 26.7 million baht or increased by 93.0 % over same period of last year. The details are as followings:
1) Total Revenue
The total revenue for the second quarter ended June 30, 2008, is 3,081.1 million baht, increased by 12.9% over same period of last year. The growth of total revenue comes from the continuing growth in IT Industry in Thailand.2) Total Expense and Cost of Sales
The total expense and Cost of Sales for the second quarter ended June 30, 2008 is 2,997.0 million baht, increased by 12.4% over same period of last year. This rising of the total expense also follows the rising of total revenue.3) Net Profit
The net profit for the second quarter ended June 30, 2008 is 55.4 million baht, increased sharply by 93.0% over same period of last year. Net profit improved from many factors as follows :- Increase in sales volume especially increase in sales mix of high profit products.
- Improvement of liquidity from bank security deposits released by ended of 2007.
- Improvement of inventory and account receivable management. Yours sincerely,
Mr. Somchai Sittichaisrichart
Managing Director
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