packaging by purchasing more machines and improve their production efficiency in various area, reduce waste, reduce the use of raw materials and increase product quality. In addition, prepare marketing and

liability as of December 31, 2018 with amount of 10.84 million baht decrease by 22.07 million bath or 67.06% increase, as a result of long term loan from foreign countries which reduce by 24.62 million baht

production line of flexible packaging by purchasing more machines and improve their production efficiency in various area, reduce waste, reduce the use of raw materials and increase product quality. In

packaging by invest more machines and improve their production efficiency in various area, reduce waste, reduce the use of raw materials and increase product quality. In addition, prepare marketing and sale

to the company managed the inventory level appropriately to reduce storage costs and reduce the burden of working capital. In addition, unbilled income for project work decreased by 33.82 million baht

in less profit margin compare to Quarter 1 of the year 2018 which is reduce by 5.37 million baht or reduce by 186.46%, due to the higher of Grade B products in standard production of sacks with the

2019 which is reduce by 1.55 million baht or reduce by 87.57% the reasons behind the slightly loss in gross margin in Q1, 2020 are lower sales and production of plastic woven bags that create higher cost

February due to COVID-19 as some of our sites in China, India and Italy were impacted. We have taken proactive steps to reduce our inventories, reduce our capex by US$300M and actively manage our costs

COVID-19 resolves in a better direction. Reducing inventories without losing sales opportunities The Company has a policy to reduce inventories continuously since 2019 to reduce storage costs, carrying

August 2019 at 15.9% (data from Department of Energy Business, Ministry of Energy). Further, the Company has been promoting sales of B20 Diesel product with the “Bangchak B20 for diesel car, reduce the