Baht 3rd Quarter 2019 3rd Quarter 2018 % Variance Income Revenue from sale of goods 3,083 8,666 (64%) Net foreign exchange gains 19 113 (83%) Gain from debt restructuring 0 1 (100%) (Reversal of) loss on
sales and services was Baht 1,442.50 million and reversal loss from diminution in value of inventories amounting of Baht 22 million, totally by Baht 1,420.50 million, increased by Baht 14.55 million or
the penalties for customer’s late payment and reversal of loss on impairment of assets. Other incomes in 2022 can be divided into; the penalties for customer’s late payment 4.34 million Baht, service
because the management expected that it could not be used for future tax benefits. As a result of this reversal, income taxes is higher and net profit margins in 2023 decreased more than the change in
to be temporary. As well, economy of developing countries in Asia still enables to be well expanded by mainly receiving supportive factors from recovery of domestic demand, which includes a direction
debt recovery increased by 7% y-y as well as revenue growth from overseas subsidiaries by 46% y-y. As of May 31, 2020, the Company has active customers more than 2 million IDs, mainly from Bangkok 31
previous year, compared with the net profit of Baht 176.56 million in previous year. The overall increase in sales is due to the recovery of the Thai economy in 2017, driven by strong tourism, exports and
. Higher sales came from stainless steel sheets, coils and automotive exhaust pipes. In general, the demand for stainless steel has increased as a result of the well recovery of the domestic economy by the
containing the COVID-19, economic growth is forecasted to contract by -7.8%1; the lowest growth among ASEAN countries. In addition, a range of political issues are loading to an uncertain economic recovery