hit by tax barriers, causing the export of Thai rubber woods to China to be affected. 2. in addition China also implemented strict environmental regulations, which caused many factories in China to stop
addition, the economic impact of Covid-19 will be only fully visible in the Q2-Q4 period of the year. However, as our business is essential to many manufacturing processes, and as we are quite diversified
with an unrelated Thai party namely Mr. Vuthithorn Milintachinda for the objectives of marketing and sales of functional drinks and/or other products under the trademark(s) developed by the JV company
expectations. On the cost side a major external factor was the change in Thai legislative environment, which made it necessary to build major additional retirement provision in Q2. On top of the external factors
is likely leaving its mark on the Thai economy. Private consumption growth moderated noticeably in Q1 while private investment fell, reflecting dampening domestic demand. Manufacturing output
details: Revenues Structure 1. The revenues of manufacturing and distributing of Food Ingredients that are classified into 6 categories as the followings: 1.1 Flavour, Fragrance & Color 1.2 Food Coating 1.3
0.33 Million Baht or 93.86% decrease from the same period last year. This was the result of received from associated companies is Thai Takaya Co.,Ltd. 0.30 Million Baht. 4. Gain on sales of assets 1.74
176.18 million (increasing 21.57%). The total revenue from overseas subsidiaries in year 2018 increased THB 11.99 million mainly from the establishment of the manufacturing factory in Vietnam, resulting in
Manufacturing Co., Ltd. SPI acting as major shareholder of both companies 6. Thai Bunka Fashion Co., Ltd. SPI acting as major shareholder of both companies 7. Waseda Education (Thailand) Co., Ltd. SPI acting as
with the same period of the previous yearly To: The President The Stock Exchange of Thailand Due to The Manufacturing Production Index (MPI) grew by 1.58 percent from 2016, making Thai economy more