70.6 MB. -2- The change in net profit in 2023 is consistent with the change in revenue when compared to 2022. However, in 2023, the profits decreased by 7. 0% , while total revenue decreased by 3. 1
sales revenue also decreased by 3.7% and 9.6% respectively while Malaysia operations, which the company acquired 60% shareholding in Aapico Avee during July 2023, reported an increase of 83.8%. 2) Car
causing exports to reduce from the previous year. The sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption remained stable. Although the
around 82% but the cost of goods sold of Q4/2019 is down to 77.9% because of the reduction in raw material cost. • Although we have continually conducting cost down projects and minimize the internal
WORLD and shareholders since this acquisition. It is worthy investment because there are deposit amounts for both projects although the 2nd project it not started construction yet and considered as an
Investment with any clarity. Going forwards the horizon ahead is quite clear. The Company has appropriated 100% of SGAH (Holding Company in UK) and own 77% of SACL (India) although the AAPICO Board is not
). Industry Overview The Office of the National Economic and Social Development Council (NESDC) reported that Thailand’s GDP in 2018 growth 4.1% YOY, driving by private consumption and investment. Although the
consumption and investment. The slower growth is expected to continue in 3Q19 since the external factors remain unsolved. Although private consumption was supported by sales promotion and government measures
was fully integrated into revenue from hotel business for the whole quarter. The third quarter is, in general, the peak season of Fiji and Mauritius where we have 3 hotels in those countries, although
restaurant’s operational expenses were lower due to outlet modification as mentioned above. Net Profit Although our business was impacted by COVID-19 pandemic, the company reported positive net profit at Baht