production of motorcycle coatings while 9 months revenues was lower by 5%. Total Expenses: In 3Q18, the expenses were lower by 6% in accordance with revenues; while 9 months figure slightly dropped by 2

largest manufacturers of PET preforms in West Africa and is located in Ibadan, Nigeria, with a production capacity of 18,000 Mts. per annum. The value of the above acquisition, calculated in accordance with

460,000,000 19.78 3. General characteristic of the transaction The Company intends to sell 1 plastic fabric producing machine and 59 plastic sack weaving machines, which are used in the production of plastic

its distributor in China as mentioned above, and as a result, the available resources for production, namely machinery, labor and fixed costs, did not match with actual production volumes, not to

Baht or at 104.43% of revenue from sales which increased from 95.29% of year 2019 due to higher production costs and product mix. 3. Selling and administrative expenses was 96.17 million Baht which

/19”) sales revenue of Baht 3,199.32 million. The drop in sales revenue was mainly as a result of significant drop in Total Industry Volume (“TIV”) and Total Industry Production (“TIP”) for Thailand

lower Gross Profit Margin from 34.9 % in Q2/2019 to 34.3 % in Q2/2020 resulting from a higher related freight charges added to production costs and an unfavorable product mix; - SG&A including Interest

68.56 Million or 12.59% due to rubber glove customers expand production line, demand on using glove increases by Corona Virus 2019 (COVID-19) and demand on packaging increases by foods delivery. - Cost of

1,111.09 Million Baht in 2018 to 1,076.93 Million Baht in 2019 a decreased of 34.16 Million Baht or 3.07% due to even through rubber glove industry expand production line but frozen foods, canning have not

period of 2019. That the gross profit margin was 13.45% increased from 7.97% of the previous year. Due to the efficiency of Inventory management and production cost. 3. Selling expenses was Baht 39.98