from EMS business. In 2018, the Group has net profit of Baht 526 million, which is increased by Baht 254 million or 93% compared to the net profit of Baht 272 million for 2017. It is due to higher gross
due to the higher gross profit and the lower administrative expenses. As a result, overall net profit of the Group is increased. Analysis of revenues Q1’ 2018 Q1’ 2017 Increase (decrease) Million Baht
reversed allowance for doubtful accounts amounting to Baht 15 million due to the Company received partial payment of advances for share subscription from Khun Pornpan. For year 2019, the Company received the
director and meeting less than prior period. Page4of4 Allowance for doubtful accounts (Reversal) In year 2019, the Company reversed allowance for doubtful accounts amounting to Baht 4.7 million due to the
of 122.79 million baht, a decrease of 103.79 million baht or 45.81% compared to the same period of the previous year due to: 1.1 Revenue from Sales of 6.25 million baht, a decrease of 4.09 million baht
sentiment. Meanwhile, exports and tourism expanded at a slower pace, partly due to the impact of the US trade policies and a drop in Chinese tourist arrivals. Headline inflation in the third quarter of 2018
sector’s growth slowed down and private investment slightly dropped. However, private consumption continued to hold up, partly due to improvements in non-farm income and government measures to support low
to Baht 1,677 million. The decline was mainly due to the decrease in revenue from EMS and Smart service businesses. The Group’s profit for the first quarter of 2020 amounted to Baht 81 million, which
receivable, the net profit grew 26% from the fourth quarter last year. An increase in net profit mainly due to a decline in bad debt and doubtful accounts and finance cost. Financial Status Total Assets As of
units in 2018. Export volume dropped by 7.59% to 1,054,103 units, compared to 1,140,640 units in 2018 due to the trade war between China and USA that put pressure on the overall global economy and trade