TRANSLATION
No. F/49 - 11 August 2006
Subject : Financial Statements Submission
Attention : Managing Director
Stock Exchange of Thailand
Attachment : Financial statements for the second quarter ended 30 June 2006
Thai Factory Development Public Company Limited (the Company)
would like to submit the financial statements for the second quarter
ended 30 June 2006 of the Company and its subsidiaries in
comparison with the same period of the year 2005 as follows.
2006 2005 Change Increase
Mil. Bt. Mil. Bt. Mil. Bt. (Decrease) %
Sales - 449.3 (449.3) (100.0)
Total revenue 51.1 502.4 (451.3) (89.8)
Net profit (loss) (14.8) 48.2 (63.0) (130.7)
The Company's operational performance for the second quarter
of 2006 showed a net loss of Baht 14.8 million compared to the same
quarter of last year which showed a net profit of Baht 48.2 million.
This resulted from gain on sale of a big lot of factories to
Thai Industrial Fund 1 (TIF1) amounted Baht 441.3 million during
the second quarter of 2005, while during this quarter the new projects
are mainly in developing process and the customer preferred leasing
rather than buying.
Faithfully yours,
(Mr.Apichai Taechaubol)
Managing Director