volume in accordance with sales forecast. Liabilities : As of 30 June 2018, GC recorded total liabilities of Baht 845 million, an increase of Baht 48 million or 6.01% increased from the previous year-end
previous year, the growth in this market did not meet the forecast, however, the Company was able to maintain its average market share at 69 percent of seaweed snack thanks to the market activities, both
referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business
production rate, lowering average cost per unit. Overall, average selling price of B100 product adjusted downward from the previous quarter from the Crude Palm Oil price crisis due to excess supplies of palm
forecast. Although short-term economic stimulation measures from the government benefited private expenditure, but could not make a positive change to the overall GDP. (Source: Bank of Thailand). Thailand’s
used this period to grow its production substantially over these past 5 years. However, in order to not add to the core cause of declining industry margins which were due to surplus capacity, IVL, unlike
quantity and earnings quality of IVL in 2018 & 2019 (see Table 4 for details). 4Q17 was the fourth consecu- tive quarter wherein the Com- pany achieved an EBITDA per tonne which was in excess of $ 100
of the expected credit loss is the gradual reverse the excess reserves on the first day by gradually reversing within 1 year in accordance with the notification of the Bank of Thailand. Basic earnings
has revised down its growth forecast for Thailand's gross domestic product this year to 3.3 percent from 3.8 percent. (Source : BOT Press Release No.37/2019 on Monetary Policy Report) Performance