1.11 million from increasing in employee to support the expansion of water business and annual salary adjustment. WIIK & HOEGLUND PUBLIC COMPANY LIMITED 90 CW Tower A T + 66 (2
100% General characteristics of transactions: AFS provides the business administration and support to the oversea subsidiaries in order to grow and develop AFS subsidiaries’ business. AEONTS and its
Public Company Limited (“JMART”) of 50,000,000 Baht (Fifty Million Baht) for working capital. The transaction of receipt financial support from major shareholder is considered to be a Connected
Holdings Limited (“SGAH”), which is at present an associate of the Company, at the amount of USD 65 million, or equivalent to approximately Baht 2,138 million, in order to support and strengthen the
company considered this transaction is reasonable and beneficial to the Company because this is to support sales in the early of next year. The purchasing of brand new machines requires high investment
were 9.11 million Baht and 17.79 million Baht respectively. The expenses increased in line with the number of employees to support business expansion. The Company’s net profits were 10.21 million Baht
, resulting from fixed assets increased by Baht 85.47 million due to the investment in a medium-sized booth of the painting segment to support the new orders, the building of owned warehouse at Chonburi branch
as marketing and managing expense to support existing customers as compared. 4. Financial Cost For the second quarter ended 30 June 2020, the Company’s financial cost was USD 4.30 million (or
baht, increasing 10.41 million baht, or 33.06% from the same period in 2019. Since HM partly manufactures its products to support the Company, when the Company’s production dropped in the first half of