expiring relief packages and (4) the rising political uncertainty Meanwhile, in the auto industry, the total number of car sales for the first eight months of this year stood at 456,872 units, contracting by

-1 56-2 Ranking TRUBB THAI RUBBER LATEX GROUP PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking TRU THAI RUNG UNION CAR PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2

car title loan since February 2019 onwards. The new Thai Financial Reporting Standards (TFRS9) which would be effective on January 1, 2020. This standard establishes the principle in relation to the

in sales profit margin. And from the expansion of car registration loans currently, there is a loan portfolio of the car registration pledge group 4,657 million baht. (54% hire purchase loan and 46

Administration (CFDA) at the beginning of 2 0 1 8 as the Company had to redesign its packaging to comply with the requirements of the license. Furthermore, the Company also found it necessary to adjust its sales

year to be in parallel with the plunge in sales revenue. Nevertheless, some of the sales expenses did not adjust promptly and did not fully mirror the slowdown in revenue as there is a lead time for

ongoing outbreak of COVID–19, forcing many customers to adjust their working method which have an effect on the operation and delivery of the Company's projects that cause the operation to be delayed than

reducing production cost and also negotiating with customers to review and adjust selling price every quarter. 2.2. Distribution costs for 2018 was in the amount of 4.95 million baht, increased by 1.16

with the plunge in sales revenue. Nevertheless, some of the sales expenses did not adjust promptly and did not fully mirror the slowdown in revenue as there is a lead time for certain expenses that the

granted a license from China Food and Drug Administration (CFDA) during the beginning of 2018 as the Company had to redesign and adjust product packaging according to the granted license as well as change