Thai Rubber Latex Corporation: Manufacturer of concentrate latex 60% DRC, disposable latex examination gloves, extruded rubber thread

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  Clarification of change in business operation results



                                         May 15,2007


Subject : Clarification of change in business operation results
To : The President
     The Stoock Exchange of Thailand


     The company had net profit Bt 187.77 million in Q1/2007, compared to Bt
89.21 million of Q1/2006, net profit increased Bt 98.56 million or increased
more than 20%.


     This changes in operation results are due to the followings;
     The company has income from sales and services Bt 2,054.28 million,increase
Bt 62.31 million or increase 3.12%, because sales volume increases 5,443 ton to
41,105 ton comparing to the same period of last year. Whereas cost of goods sold
is Bt 1,666.07 million, decrease by 47.95 million or decrease 2.80%.The decrease
of cost of goods sold is because of lower rubber price in general, which is also
a consequence of greater supply of rubber and latex since the ending of last
year. Henceforth, the company benefits from the inventory carried over for sales
in the first quarter of 2007


     Selling and administration expenses are Bt 130.90 million, increase Bt 5.31
million or increase 4.23%.   Interest expense is 42.35 million, decrease Bt 0.70
million, or decrease 1.63%, due to lower utilization of short-term debt.  The
aforementioned factors make the latex business net profit Bt 164.83 million,
increase Bt 24.24 million from the same periodof previous year.
 
     In Q1/2007, the rubber thread business (a subsidiary) can mark up selling
price well in export market and is able to make net profit Bt 27.85 million,
compare to same quarter of last year which had net loss Bt 19.85 million.






                                 Signature
 
 
                                          (Mr.Vorathep Wongsasuthikul)
                                               Managing Director








 
 
 
 
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