shares is collectively referred to as the “Share Purchase Transaction”. In addition, GPSC and the Seller have executed the Amendment to the SPA dated 27 December 2018 and 8 March 2019, whereby the
in skin cares and cosmetics. In addition, At-Ze distributed medical care products under brand name “Aesthetic Zecret”. Criterion Calculation Method Transaction size 1. Net tangible assets (NTA
design, and brand building etc. to customers who are business operator in skin cares and cosmetics. In addition, At-Ze distributed medical care products under brand name “Aesthetic Zecret”. Criterion
. registration with Food and Drug Administration (FDA), trademark permission, product and packaging design, and brand building etc. to customers who are business operator in skin cares and cosmetics. In addition
addition, the Company continued to be negatively impacted by news related to manufacturers of substandard products and the closure of the biggest wholesale skincare market in the country since last April
currency when buying imported goods, dollars reflected weaken than previous year as well as better cost management. Current Baht to Dollar in this year is around 31.3-33.6 Baht. In addition, Baht to Dollar
million while there was the year 2019 was addition provision for doubtful debt in amount of Baht 2.02 million in the year 2019. 9.4 Other expenses increased by Baht 2.22 million form normal business
contraction primarily due to burnt products sales volumes down by 17%. On the upside, revenue and EBITDA realized per ton of burnt product sold were up 14% and 1%, as more value addition through higher quality
transaction prior to the Board of Directors’ Meeting. There were no opinions which were different from those of the Board of Director. JAS ASSET Page 4/4 In addition, at the Board of Directors’ Meeting No.1
% respectively. The small drop in gross profit of the Company was derived from the slowdown in sales revenue during the year. In addition, gross profit margin slightly decreased as a result of the depreciation