Ref : EE/SET/014/2010
May 14, 2010
Subject : Clarification the operating results for the Q1/2010
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 Q1/2010 ended March 31, 2010 showed net loss of 16.30 MB which decreased
by 146.61 MB or 89.99% compared to Q1/2009. The main reason was from our
2009 EGM of shareholders resolution to stop the operation of food business
and continue to operate only ethanol business. The results are:
1. The revenues and expenses for food business were not shown in
financial statements
2. Construction of the ethanol plant is being on process, we still do
not have sale revenues.
Other revenue was from interest income. Major expenses were from
loss of foreign exchange, administrative expenses, and depreciation.
Please be informed accordingly.
Sincerely yours,
(Mr.Vorajate Indamra)
Director