11 August 2009
Operating Result in the first half year of 2009
SBN 020/2009
August 11, 2009
Subject : Operating Result in the first half year of 2009
To : The Managing Director, the Stock Exchange of Thailand
Sabina Public Co., Ltd. would like to clarify the operating result in the
first half year of 2009 as follows:-
In first half year of 2009, Sabina Public Co., Ltd. had the total revenue from
sales & service amount
758.11 million baht which decreased by 17.9% or equivalent to 165.31 million
baht from the first half
year of 2008. This was the result from the reducing in sales revenue of OEM
department amount 186.61
million baht due to economic crisis in USA and Europe, the OEM customers
reduced their orders and
concentrated in ordering cheaper products according to the reducing in demand
from the end customers.
The increase sales revenue of 21.65 million baht from Sabina-brand, this was
the result in reduce of the
company's total revenue.
The cost of goods sold amount 474.41 million baht in the first half year of
2009 which decreased by
90.71 million baht or 16.05% from the first half year of 2008. The Company
had a gross profit of 283.70
million baht or 37.42% in the first half year of 2008.
The Company had Selling General and Administrative expenses of 265.24 million
baht which increased by
30.09 million baht or 12.80% from the first half year of 2008. Due to the
first half year of 2009, the
company had sales promotion expenses in order to increase sales for product
under trademark of
subsidiary. The company had the increase sales performance amount 18.46
million baht or 2.44% by
operating these activities.
In the first half year of 2009, net profit of the company was 12.22 million
baht which reduced by 91
million baht or 88.16% in the first half of 2008. The company's net profit
margin was 1.59%
Please be informed accordingly.
Respectfully yours,
(Mr.Apisit Jongkittipong)
Director