economic growth slowed down from the previous year, which is mainly due to the rapid slowdown in exports from the risks of global economic policies, including trade wars and Brexit. The Thai government

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

) -3.84% EBIT 71.54 84.88 (13.34) -15.72% Net Profit 59.74 70.56 (10.82) -15.33% Basic Earnings per Share 0.30 0.35 (0.05) -15.33% Performance Report Issue of trade war between the United States and China

  1,093.46 million as of 31 December 2019.  Total Current Assets were THB 423.52 million, a increase  from THB 402.09 million  as of 31 December 2019. The variance is mostly due to an increase in  trade and

company’s assets increased by THB 4.667 million or 1.10% and total liabilies decreased by THB 6.633 million or 10.62%. Decreased in liabilities is mainly as a result of the decrease in trade and other

at THB 51 mil. (10.3%), 3.2% incremental primary by impairment losses on trade accounts receivable in accordance with Thai Financial Reporting Standard No.9, which is effective in Q1 20 of THB 1.4 mil

wood kiln dried sawn timber which is the main business of the company. The business was impacted by volatility caused since 2019 as a result of trade war between United States and China, where China was

, 2020; - The total assets amounted to 1,694.31 million baht, decreasing by 59.45 million baht or 3.39% from the amount as of December 31, 2019. The decrease was due to the payment received from trade

Baht, total liabilities decreased 11.52% due to payment of trade accounts payable of 26.88 million Baht. And bank loan of 21.88 million Baht, shareholders' equity decreased 9.82% due to operating loss

baht % Total Assets 429.19 441.93 12.74 2.97 Cash and cash equivalents 67.72 80.20 12.48 18.43 Trade and other account receivables 58.62 81.76 23.14 39.47 Inventories 123.14 106.54 (16.60) (13.4