the launch of new projects in the latter half of 2019. However, the impacts of LTV measures and overall situation are far more severe than expected. It affects not only the Company but the whole
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
Thai economy and automotive industry in Thailand that was resulted from the impacts of the COVID-19 outbreak. Also, several car factories temporarily shut down causing the decrease in the volume of
Thailand Fortune Parts Industry Public Company Limited (“FPI” or “The Company”) would like to submit the annual financial statements for the year ended 31 December 2020 which has been audited by certified
the first and only Thai bank to join more than 170 banks worldwide in signing the Principles, which provide the framework for a sustainable banking system and align the banking industry with society’s
transaction value resulting that the Board of Directors in 2014 and 2016 considered that the transactions were required only approval from the Board of Directors and the disclosure of information memorandum to
December), the Company had production not only full capacity during the off-peak period (the period where electricity cost is cheaper), but also extended some operated hours to on-peak period in order to
. During the last 4 months of 2017 (September to December), the Company had production not only full capacity during the off-peak period (the period where electricity cost is cheaper), but also extended some
, comprising 1 transaction which is the disposing of Subsidiary’s Land and Buildings of Rich Asia Industry Company Limited that have the total highest transaction value of 40.27 percent based on the value of
. Thailand registered a GDP growth of only 2.4% during 2019 against 4.1% in 2018 with the fourth quarter 2019 growth at merely 1.6%. Further, Total Hot Rolled Steel consumption for 2019 at 6.66 million MT