written back in Q2 2018 of 4.70mb and 3.6mb of exchange losses booked in Q2 2019 in relation to our exposure in foreign currency as a result of strengthening of Thai Baht. We have also booked higher staff
strengthening of the Thai baht against the US dollar and Euro in the period, which resulted in THB sales declining by Bt215 million (Table 1). Cost of Sales and Gross Profit The gross profit margin in 3Q19 of
was due to the weakening Thai baht against the US dollar and Euro in the period, which resulted in THB sales increasing by Bt93 million (Table 1). The increase in revenue in 1Q20 was due mainly to an
by Baht 91.40 million or 1.55% comparing with December 31, 2019 due to 1. A decrease in inventories at amount of Baht 19.56 million which was due to better stock movement. 2. A decrease in trade
% comparing with December 31, 2019 due to 1. A decrease in inventories at amount of Baht 85 million which was due to better stock movement. 2. A decrease in trade accounts receivable and retention receivable at
contraction of the Thai economy. The economic growth inclined to be slower than forecasted which was mainly due to the trade tensions and the weakening of economy worldwide. Particularly, the export sector has
Company Limited and its Subsidiaries As at 31 December 2015, 2016, and 2017 2015 2016 2017 MB % MB % MB % Cash and Cash Equivalent 592.49 3.96 310.87 1.92 736.26 4.24 Trade and other receivables 1,026.63
average selling price decreased considerably due to slowdown in Thai economy, strengthening of Thai Baht, and surge in imports of Alloy Steel and Galvanised HRC post expiry of safeguard duties. While total
following: 1. To repay loans and interest from WOG Technologies (Thailand) Company Limited (“WOG THAI”) (The Existing shareholder) amount of Baht 42 million. 2. To repay creditors arising from the purchase of
impacted due to continued weakening of international market for flat products and increase in imports of Alloy Steel and Hot Dipped Galvanized HRC into Thailand due to strengthening of Thai Baht and removal