connected transactions relating to assets or services and regarding rental or lease of immovable property not exceeding 3 years. Due to the reasonable price and good conditions of the said connected
approach of the business operation of the Company is based on the sufficiency economy philosophy as well as good corporate governance. The above strategy and business principles have continuously promoted
of our products, LUCARIS Desire Collection with Aerlumer signature won the China Good Design Award 2017 by Red Dot Award, Germany. The Company also continued strengthening its brands by promoting
reviewed by the Audit Committee. 5. Source of fund The funds for this connected transaction is provided by Vinythai. 6. Connected Persons and Conflict of Interest As the good corporate governance practices
9.7 billion down from 31st December, 2016 at THB 9.9 billion. Asset Quality Accounts Receivable Most of customers are well known and have good reputation in the IC, and electronics industry. Provision
revenue streams to mitigate the risk of reliance on sales in China. Currently, the Company received good feedbacks from the market expansion in the Philippines but still could not compensate for the
good. While for the gross profit margin, the Company gain a better result with 20.71% in Q1/2018 to 20.89% in Q1/2019. 2.2. Distribution costs for the first quarter of 2019 was in the amount of 1.82
state that revenue can be recognized when customer obtains control of that good or service. In the past, the Group recorded revenue and cost of procurement and fabrication service by percentage of
could not record revenue for procurement and fabrication service which not yet deliver to the client. As IFRS 15 state that revenue can be recognized when customer obtains control of that good or service
Road K.M.37, Praeksa, Muang Samutprakarn, Samutprakarn province, is a good location , convenient for transportation and contact, and the rental fee is at the level that is suitable with the area nearby