the cost of raw materials used in production was lower than the year 2019. WIIK PUBLIC COMPANY LIMITED 90 CW Tower A T + 66 (2) 6128600 Business ID 0107538000151 35th Floor
sell investment in Safe Energy Holdings Co., Ltd to the buyer following the sales-purchase agreement dated 25 February 2020 at the agreed price of Baht 222.90 million in which the value is lower than the
well as car assemble manufacturers temporarily closed their production lines leading to lower sales orders and the month of May is Ramadon period which will affect the sale volume in Middle East and
25.2% because the Company has begun to increase production through the opening of new factory. Resulting in lower production costs per unit. The Company’s other income THB 2.5 MB and THB 4.1 MB Q3/2020
lower. This was effecting in decreased in number of shareholders’ equity by Baht 547.38 million. The operating result of the Company and its subsidiaries in the year 2019 showing a loss resulting in a
assets of 153.38 million baht, most of which were trade receivables amount of 105.64 million baht due to lower sales from the COVID-19 situation. Next, the inventories decreased by 81.46 million baht due
ratios stood at 70.66% and 67.09%, respectively. The lower ratio on a period-on-period basis was attributable to the Company having fixed costs effecting the revenue. Other Income The other income amounted
Baht or net profit margin of 6.25%. This decrease resulted from Baht appreciation against other currencies, therefore, the Company recognized lower revenue, profit and profit margin. Thus, the company
million, increased by THB 0.61 million or +4.39% YoY due to the increase in profit before income tax expense. However, the growth rate of income tax expense is lower than the growth rate of profit before
adequate working capital for future developments in accordance to CPNAs expansion plan and stronger financial position with higher liquidity as well as lower interest payment. 8. The opinion of the Board of