07 August 2009
Notify F/S Q2 and pay interim dividend
No. IR 52/003 6 August 2009
Subject: 1. Notify the operation result and financial statement for the second
quarter ended 30 June 2009
2. Notify the Board's resolution from the Board meeting no. 6/2552
and pay interim dividend
Attention Director and manager of the Stock Exchange of Thailand
According to the Board meeting of Jay Mart Public Company Limited
(JMART) no. 6/2552, dated
6 August 2009, the Board resolved to approve financial statements and
operation result of the company and
subsidiaries for the second quarter ended 30 June 2009, which has been
reviewed by the company's auditor.
The summary is listed as follow:
1. From the consolidated financial statement for the second quarter
ended 30 June 2009, the
company and subsidiaries reported net profits of Baht 45.55 million, decreased
by 20.69% from Baht 57.44
million of net profits in the same quarter in 2008. The only company financial
statement reported the net
profits of Baht 42.94 million, decreased by 24.98% from Baht 57.24 million of
net profits in the same quarter
in 2008. Earnings per share for the quarter ended 30 June 2009 was Baht 0.20
for the consolidated financial
statement and Baht 0.19 for the only company financial statement. The changes
in net profits were due to the
following reasons:
1.1 For the consolidated financial statement, the company
reported total revenue of Baht
2,542 million, which can be divided into Baht 2,261 million of sales revenue,
Baht 69 million from debt
collection business, Baht 77 million from rental business and Baht 135 million
of other incomes. The
company reported Baht 2,172 million of cost of goods sold and Baht 235 million
of gross profits, which was
9.76% of gross profit margin.
The company's expenses comprised of Baht 292 million of
selling and administration
expenses, Baht 17 million of financial expenses and Baht 16 million of income
tax.
The company reported net profits for the second quarter
ended 30 June 2009 of Baht 45
million, which was 1.77% net profit margin.
1.2 For the only company financial statement, the company
reported total revenue of Baht
2,479 million, which can be divided into Baht 2,261 million of sales revenue,
Baht 77 million from rental
business and Baht 9 million of other incomes. The company reported Baht 2,129
million of cost of goods
sold and Baht 209 million of gross profits, which was 8.93% of gross profit
margin.
The company's expenses comprised of Baht 277 million of
selling and administration
expenses, Baht 16 million of financial expenses and Baht 14 million of income
tax.
The company reported net profits for the second quarter ended
30 June 2009 of
Baht 43 million, which was 1.69% net profit margin.
2. The Board's meeting no. 6/2552, dated 6 August 2009 resolved to
approve interim
dividend payment for the operation of the first six months of 2009, from 1
January 2009 to 30 June
2009 due to the company has net profits of Baht 45,546,000 million in the
consolidated financial
statement. The Board will, therefore, approve to pay interim dividend of Baht
0.08 per share which
was 52.69% payout ratio from the consolidated net profits. The total interim
dividend payment will
be Baht 24,000,000.
In all the company determined the Record Date on 20 August
2009, by which the company will
collect investors' names according to the Section 225 of the Securities Act.
The Closing Book date will be on
21 August 2009. The company will pay interim dividend on Friday, 4 September
2009.
The company hopes that the aforementioned information will benefit
those investors.
Yours sincerely,
Mr. Sutee Tantivanichanon
Chief Financial Officer
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