Submission of F/S and Explanation for Profit Change
08 November 2006
Translation
November 7, 2006
Subject : Submission of the consolidated and company interim financial
statements for the 3rd quarter ended September 30, 2006
To : Director and President
The Stock Exchange of Thailand
We are pleased to submit the consolidated and company interim
financial statements of Siam Makro Public Company Limited for the third
quarter ended September 30, 2006 which have been reviewed by the external
auditor.
Total consolidated revenues for the third quarter were Baht 13,864
million, representing an increase of 10.2% over the same period last year as
a result of increasing in fresh food and dry food sales.
Selling and administrative expenses decreased from 6.6% in the same
quarter last year to 6.5% of total revenues and in absolute amount increased
from the same quarter last year by 7.7% resulted from additional personnel and
electricity cost and 3 new Makro Office stores.
Net profit was recorded at Baht 344 million, 16.2% over the same
period last year. The increase of net profit was due mainly to higher sales and
decrease in corporate tax resulted from realisation of loss from disposal of
impaired asset.
Please be informed accordingly.
Yours faithfully,
Siam Makro Public Company Limited
Signature
(Mrs. Saowaluck Thithapant)
Director and Finance Director