Customers ("TFRS15") which was effective on January 1, 2019. In order to comply with the accounting standard, the Company was required to record (a) several items of selling and administrative expenses were

1H18, Company reported revenue growth of 38% y-y or THB 247 million, driven primarily by business combination. Excluding TBSP, Company’s core revenues dropped by 4%, primarily by lower Warehouse

warehouse/factory space by Prospect Development Co. , Ltd. ( “ Prospect” ) , its subsidiary. Gross profit generated from this business was 107.14 million, an increase of THB 39.40 million or 58.16% comparing

discussion and analysis of the 9-month period ending September 2018 for the period ended 30 September 2018, as follows: Analysis of Nine-Month Financial Performance Revenues Revenues Nine-Month Accounting

discussion and analysis for 9-months period ending 30 September 2018, as follows: Analysis of 9-Months Financial Performance Revenues Revenues 9-Months Accounting Period 2017 2018 THB Mn % (1) THB Mn % (1

from dumping price by competitors 2) decrease in warehouse management solutions 3) even through less proportion on incremental in business forms and digital printing including revenue from packaging

from distribution fee from outsourced service provider of warehouse management and goods distribution that the company started using since September 2018 which is a total cost of 10.84 million baht

in 2019, the Company using the cash received from the Initial Public Offering (IPO) buy land for the construction a warehouse with an area of approximately 9 rai, resulting in a decreased in interest

an external provider of warehouse and logistics management services, whereas the Company did not incur such expense in the corresponding period of 2018. It was also ascribed to a total increase of

Public Company "VNG" would like to disclose the connected transaction for renting of warehouse between Woodtek International Co., Ltd. (a subsidiary which VNG hold 99.97% of the paid-up shares) and