January 2020 represented an effective markdown of about 1.7% of sales. Lockdowns implemented by many countries due to COVID-19 caused difficulty in the supply chain, which led to deferrals of some order
of the composition prior to bankruptcy and the meeting of the creditor unanimously resolved that the receiver is required to report to the Court in order to sentence the debtor as the bankrupt
to financial institutions in order to carefully manage Company’s Cashflow. Trade and other payables as of March 31, 2020 was in the amount of 15.41 million baht, droping by 1.82 million baht from the
2019 in order to enhance corporate efficiency and growth resulting in favourable operating results by achieving 12% gross profit margin in Q1-2020. UWC determined to continuously improve its strategic
order to maintain overall LPG volume, resulted in increased LPG sold to industrial sector 15.53%. 2. Construction service income for the year increased 31.26 Million Baht, accounting for 5.64% from
and cash equivalents in the amount of THB 450.39 million. This was pursuant to the Company’s policy in maintaining liquidity and setting aside cash reserves to be used as working capital in order to
transportation work project at Mae Moh mine, Lam Pang of the Electricity Generating Authority of Thailand (“EGAT”), with both venture partners having a 50% interest. As a result of the final receivership order
due to temporary closure of 11 branches since March 22, 2020 in order to comply with regulation issued under The Emergency Decree on Public Administration in Emergency Situations. Performance Analysis
, total liabilities were increased by THB 102. 93 Million or 30. 60% compared with December 31, 2019 mainly came from increasing in trade payable due to increase of production order. In conclusion, the
material due to increase of production order and decreasing in bank overdraft and short-term borrowings from financial institution due to the repayment. In conclusion, the Company operates with our corporate