previous year have ended and the competition has intensified in the stainless pipe product. As a result, sales and gross margin declined in the current quarter. While administrative expenses have increased
sale weight and selling price. In addition, there is a one-time expense for big maintenance of forming machines for the purpose to use them in long-term. As a result, gross profit decreased in the
of 2021 (a copy in Thai and English) 2. Management Discussion and Analysis (MD&A) for the first quarter of 2021 (a copy in Thai and English) 3. Company's performance report, Form 45 for the first
) market, in 2Q2018, Natural FA price was being more competitive to Synthetic FA price and supply of Natural FA was a bit dwindled due to few producers in China cut their production. From above reasons, GGC
a non-operating holding company and a parent company of the financial business group. The financial business group consists of the following companies: LH Financial Group Public Company Limited
-2495-1366 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the first quarter ended March 31, 2020 comparing operating performance and financial
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
Corporate Group’s total debt to equity ratio as at December 31, 2019 was at 0.47 times, a decrease from the end of year 2018, due to the increase in total liabilities from the end of 2018 of 1.05 percent but
1 1Q20 MD&A Advanced Info Service Plc. Executive Summary Impact from the COVID-19 pandemic The COVID-19 pandemic has affected Thai economy as early on in February, particularly from the contraction