legal action against the Company as it may deemed necessary and appropriated including to enforce the repayment according to the court order as the debtor under the court judgement. On 5 November 2017
sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and
business, restaurants and etc. such products as pies, cookies and bakeries. The Company has a subsidiary, Aurum and Aurum Company Limited (together with the Company, the “Group”) which operates raw material
% and was mainly due to (1) the opening of new branches, (2) increased sales of raw material to franchisees and (3) increased sales of retail merchandise. Franchise fee income increased from THB 13.0 Mn
increase of cost from raw material handling by the Company itself after terminate contract with Unit : million Baht Q 2/2019 Q 2/2018 Group Revenues 5,192 7,815 Group EBITDA 640 555 Group Net Profit (Loss
amount of Baht 59.76 million increase Baht 2.11 million or 3.67%, This is an increase in raw material creditor due to the fact that the company has a rising sale trend, so it has to order more raw material
resulting from the repayment of short term loan which lead to the decrease of financial cost. Reversal of provision for loss on purchase orders for undelivered raw material The Company has reversal of
Million for Last Year Quarter mainly due to increase in loss on devaluation of Finished Goods and Raw Material by THB 158 Million and lower Foreign Exchange Gain by THB 95 Million compared to Last Year
-Quarter of 2017. Management’s Discussion and Analysis (MD&A) For Q3/2017 5 Chart of world steel production capacity utilization, ending 30 September 2017 Source: World Steel Association The main raw
Baht 30,195 million comparing with the year 2017 which was Baht 24,977 million, increased Baht 5,219 million due to the increase in sale volume as well as the increase in raw material price and cash