lower gross margin was also affected by the disposal of the subsidiaries* as this group of companies used to generate high gross margin (but also high selling and admin expenses). Moreover, the
customers base. In addition, the Company also has new promotions with shopping mall centers such as the Mall Group Company Limited, Central Pattana Public Company Limited, and Robinson Public Company Limited
30 September, 2017, the Company has paid the investment in Loxley & AIT Holding of 25.0 MB and Campana Group Pte. Ltd., of 33.0 MB that decrease the recognition of loss on investments during the period
was able to maintain debt to equity ratio according to the restriction of long-term loans from local financial. Management and service agreement (Royalty fee) On 1 January 2015, the Group entered into
. This is due to the Company‘s group restructuring in 2016. The Company is no longer consolidated financial statement from J Fintech Co., Ltd. Management Discussion and Analysis of FS2017 Page 3/5 JMT
year 2015-2016. Backlog of the Company and its subsidiaries as at December 31, 2017. (Million Baht) Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Group of polyethylene pipe and fittings business 758.07 802.60
fund after the initial investment, should the total value of all transactions made between the property fund and related persons in the same group within any six-month period exceed a hundred million
right of related person for the property fund after the initial investment, should the total value of all transactions made between the property fund and related persons in the same group within any six
percent. To : President, The Stock Exchange of Thailand NCL International Logistics Public Company Limited and its subsidiaries (“NCL Group”) would like to clarify the description and analysis of the