Ref : EE/SET/015/2010
August 10, 2010
Subject : Clarification the operating results for the Q2/2010 changing more
than 20% from the same quarter last year
To The President
The Stock Exchange of Thailand
Eternal Energy Public Company Limited and its subsidiaries operation results
for Q2/2010 ended June 30, 2010 showed net loss of 22.096 MB which decreased
by 209.089 MB or 90.44 %, compared to Q2/2009 net loss of 231.185 MB. The main
reason was from our stoppage of food business in 2009 and continue to operate
only ethanol business. The variances are as follow:
1.The revenues and expenses of food business were not shown in
financial statements.
2.Construction of the ethanol plant is being on process, we still
do not have revenue from ethanol. Other revenue was from interest
income.
3.Major expenses were from loss of foreign exchange, administrative
expense,and depreciation.
Please be informed accordingly.
Sincerely yours,
(Mrs. Tida Chonlavorn)
Company Secretary