newspaper production, and termination of newspaper printing at the Company’s Printing and Distribution Center. In addition, the Company would like to clarify the operating results, which loss decreased from
foreign. The global and Thai economy are slowdown, which impacts on the decrease in the production of Thai automobiles and motorcycles. The Company, as the 1st Tier and 2nd Tier rubber part manufacturer
lowered, and the cancellation of the reclassification of fixed costs at the new factory had incurred as a result of lower-than-normal production capacity to administrative expenses. Consequently, the
impacted the European car production volume. European car production reduced from 21.2 million cars in 2019 to 15.7 million cars in 2021. Dealership business in both Thailand and Malaysia slightly improved
2017 was due to the low efficiency in asset utilization. At present, PCCA’s production capacity for cosmetic products accounts for approximately 40 percent of the total production capacity. Moreover
Management Discussion and Analysis for the year 2023 2 Thailand car production decreased by 12.3% in Q4 2023. The decrease in revenue was due to the following reasons: 1) Automotive Parts Business; Lower
debt instruments or investment unit, or securities financing business under the Securities and Exchange Act ; (3) a juristic person established under foreign law, which is a derivatives business operator
instruments or investment unit, or securities financing business under the Securities and Exchange Act; (3) a juristic person established under foreign law, which is a derivatives business operator in the
increasing in production capacity. 3. Selling expenses For the year end of 2019, the selling expenses was 13.28 million baht or 3.27% from sale revenue compare to 11.38 million baht with is higher in the same