mainly due to Nguyen Kim sales dropped, resulted from the intense competition in Vietnam while, DIY business in Thailand (Thai Watsadu) had grown thanks to both existing stores and new stores. The Company
price in the quarter, inventory gain was recorded at THB 241 million ( Inventory Gain Q3/2017: THB 450 million, Q2/ 2018: THB 856 million) . However, Net marketing margin was effected by the sharp rise in
sharp decline in industry- wide IPA spreads which has led to a negative EBITDA contribution from this product. As part of our currently ongoing broader long-term strategy review, we are reviewing our
sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and
continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed which dropped by 23.69% comparing to 2017 from lower sales volume of fish feed. Furthermore, revenue
, amounting THB 898.27 million, reduced by THB 217.50 million or 19.49% down from 3Q2016. The revenue from feed segment continued declining in 3Q2017 due to intense competition of feed business in Thailand for
segment continued declining in 2017 due to intense competition of both animal feed and aquatic feed business in Thailand. Moreover, swine business was declined because of recession in swine price in past 2
businesses were offset by sharp decline in Specialty Chemicals margins. Annual production was 11 million tons (+20% YoY), mainly driven by contribution from our acquisitions in 2018 and consolidation of
competition in market has trended to more intense which both existent competitors and new competitors have competed continually by using the strategy in several dimensions for snatching the market share. The