Analysis Quarter 3 Ending 30 September 2020 1. Operating Result Highlights 2. Changes in Accounting Estimates As reported during the last Quarter in the interim financial information, the Company has
the cost reduction of solar panels and machinery. Which is a result of asset impairment according to accounting standards 2 . 3 Cost from banquet rooms and restaurants amounted to 27 . 0 2 million baht
and machinery. This was due to the impairment of assets according to the accounting standard. 2.3 Cost from banquet rooms and restaurants amounted to 22.82 million baht, a decrease of 59.46 million baht
. 2.2 The cost of renewable energy amounted to 7.67 million baht, a decrease of 0.48 million baht or 5.87 percent due to the depreciation from the reduction of cost of solar panels and machinery. This was
allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost
, allowance for employment retirement benefit of THB 9.85 million and consulting fee for accounting and legal and roadshow and press conferences to investors approximately THB 13 million. Net Profit In the
accounting for 84.92 percent of the total revenue in comparing with Baht 2,773.60 million, or accounting for 85.98 percent of total revenue of previous year. Cost of goods sold increased by 4.3 percent whereas
Meeting No. 3/2019, held on August 5th, 2019 of Hwa Fong Rubber (Thailand) Public Company Limited. That approved to buy Molds, Machinery and equipment. With Hwa Fong Rubber (China) Co., Ltd. "HFC". When
Director Meeting No. 3/2019, held on August 5th, 2019 of Hwa Fong Rubber (Thailand) Public Company Limited. That approved to buy Molds, Machinery and equipment. With Hwa Fong Rubber (China) Co., Ltd. "HFC