rate decelerated in accordance with the global economic growth which was affected by the trade war between the United States and China, together with the appreciation of the Thai Baht as one of the

year affected to end user to delay their purchasing order from the retail store and therefore the distributor delayed ordering for their stock as well, together with the delivery plan were delayed to Q3

countries. The tourism sector has been adversely affected by a contraction of Chinese tourists’ arrivals while private investment has been expanding at a slower rate. Although private consumption has

previous year. This was due to revenue from sales was increased slightly and a decrease in unit price. In addition, the increase in cost of sales was affected to decrease in gross profit. (4) Selling

Forward According to the outbreak of Covid 19 at the end of the first quarter of 2020, it was found that the company affected by the situation but was at a manageable level. However, the company anticipates

, comparing with the share of loss of Baht 0.54 million last year. Scentimental (Thailand) Co., Ltd., another associated company, had lower revenue directly from the outbreak of COVID-19 which affected the

. According to temporarily closing of the branches and postponement of annual event, these affected of decreasing in same store sales at 61.1%, however, there is incremental in revenue from new branches that

resin, which is the main raw material, was higher than last year, but sell price adjustment was possible only for some customers. This resin cost impacted both Thailand and China‘s business performance

of a reduction in occupancy of Laguna Phuket hotels. The occupancy was adversely impacted by renovations and constructions within and around some of the Laguna Phuket hotels, the strong Thai Baht, and

weakened of demand in the electronics component market which impacted inventory revaluation. As a result of the above factors, Q2’19 gross margin dropped to 19.9%, compared to 22.0% in the same quarter last