Fund. (2) Trade and other accounts receivable increased THB 276.30 million or 36.53%. This is in accordance with the increase of the revenue of the Company. Moreover, the balance of trade accounts
sales experienced a major decline especially revenue generated via traditional trade channels. The Company is aware of the situation and its impacts and already overhauled its strategies and marketing
1,021.1 MB, or 80.7%, the main reason is in the year 2019, the Company has invested in many large-scale projects that were still in operation; as the result, cash and cash equivalents decreased. Trade
the previous year due to an unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later
same period of the previous year due to an unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2
828 million due to: Trade accounts payable increased by Baht 398 million mainly due to increase of Baht 336 million from raw material trade payable for the Company. Current portion of long-term loan
unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later terminated the contract with the
of previous year. This was due to (1) Drop of loss on exchange rate of THB 13.90 million due to the fact that the Thai Baht value depreciated against US Dollar and the Company had the foreign trade
future as the price of land tends to rise. Nevertheless, the land is large and requires a lot of capital to trade, the Company would probably require a longer period of time as well as greater financial
the debt restructuring with certain major trade creditors for the total amount of approximately THB 2,000 million. However, such debt restructuring was unsuccessful because the Company could not pay its