due to raw materials for engineering service. The group’s liabilities decreased by Baht (12) million, mainly due to the following reasons: • Bank overdrafts and short-term borrowings from financial

year (decreased by 3.3 percent from Q4/2019), primarily due to the declining prices of seaweed as main raw materials in the production by 8 percent and the discontinuation of the production line in the

of raw materials shortage and postponed the shipments as compared to same period of last year. 2. Cost of sales For the second quarter ended 30 June 2020, the Company’s cost of goods sold was USD

: Manufacturer of materials for ladies’ lingerie Registered capital : Baht 1,000,000,000.- classified into 10,000,000 ordinary shares, with par value of Baht 100 per share Credit line provided by Wacoal

increased of finished goods Baht 65.4 million, goods in transit Baht 16.8 million, decreased of work in process Baht 32.8 million, raw materials Baht 61.2 million and supplies Baht 3.3 million. 5. Maintenance

34.7 million, supplies Baht 30.0 million, goods in transit Baht 23.5 million, decreased of work in process Baht 20.1 million and raw materials Baht 12.6 million. 5. Maintenance supplies decreased Baht

allowance for sales staff, offset however by a decrease of Baht 6.40 million in advertisement media and advertisement materials. 4. Administrative expenses Administrative expenses amounted to Baht 35.21

recent operation and that the impacts derived from the materials shortages back in year 2018 has now resumed back to its normal condition as compared. Consequently, the Company has continuously shown an

decreased by 1.8% from 1H/2020 due to the reduction in the proportion of in-store sales and sales of raw materials to Mikka franchisee which has lower margin than normal product sales • The Company’s EBITDA

of re-considering manufacturing services in the next quarter. 2. Other Income Other Income consist of sales of scrap materials, interest income, gain on changes in fair value of short-term investment