interest payment and other financial obligations. Moreover, the Company was able to maintain debt to equity ratio according to the restriction of long-term loans from local financial institutions.

community mall also has some impact on the growth slowdown in retail sector. However, the Company was able to maintain the occupancy rate of the rental space at a good rate. In addition to diversify its

from foreign exchange gains. However, the Company can maintain the level of selling and administrative expenses to be in the same criteria. And the financial cost of which increased THB 2.2 MB. arising

total of 2,120.1 million Baht increased by 2.9 percent compared to the previous year. The Company was able to maintain its market share at 69 percent in the seaweed snack category through marketing and

2018 to 30.98 per 1 Dollar in 2019. Nevertheless, the Company could maintain the growth rate of revenue of 8.59%. Cost of Sales and Services In 2019 and 2018, total cost of sales and services of the

maintain sales. Furthermore, the Company’s direction to grow house brand products, demonstrated higher proportionate in Y2019 to 65.89% which increasing compared to 61.39% in Y2018, resulted in higher gross

of time and at a higher rate than other currencies in competing markets, especially China. Despite the increase in raw material price and the baht’s strengthening, the Company was capable to maintain a

the performance of derivatives contract when a derivative position is initiated. “Maintenance margin” means the minimum amount of asset a customer must maintain as long as the derivatives position is

discount scheme in order to attract customers and maintain sales. However, those programs were not success as expected which, therefore, negatively impacted sales volume and gross profit margin. In term of

insufficient inventory space. The cost per unit therefore increased significantly. Which the company has already built a factory to solve the said problem. However, the company could maintain the level of