) Revenue structure + (-)2018 3 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major
AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain
gross profit came from; 1. Cost of main raw materials such as natural rubber prices were higher than the year 2016 which was 32.19 %. 2. The Thai baht appreciated against the US dollar was higher than the
growth of the business since 2018 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a decrease in net profit ratio (ROS) from 20.41
the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a decrease in net profit ratio (ROS) from 19.92% in the
its content acquisition to support the growth of the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a
Company had continuously increased its content acquisition to support the growth of the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on
statement ended December 31, 2017 4) Value of Consideration The purchase price shall be Baht 98,520,000 with 100% payment upon delivery and inspection at the warehouse or POC. 5) Calculation of
item Baht 497,000.- Total Baht 5,181,500.- - Remuneration policy : Price depending on the market price and negotiation - Payment term : Payment within 30 days after delivery of the assets (7) Funding
District, Samut Prakan Province - Remuneration policy : Price depending on appraisal price of valuer and negotiation - Payment term : Payment within 30 days after delivery of the assets. The buyer and seller