Pattanamas, proceeded GGC to purchase raw materials and pay the distributors for the purchase in full without receiving all of the raw materials or receiving only part of it. However, GGC recorded in its
, proceeded GGC to purchase raw materials and pay the distributors for the purchase in full without receiving all of the raw materials or receiving only part of it. However, GGC recorded in its accounting
Baht appreciation, affected to production competitiveness that manufacturers made decision to shift production base or import materials from foreign. Similarly, private investment sector and employment
reassessed its business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been
gain from foreign exchange of THB 92 million from THB appreciation, but realized a few loss from Yen depreciation. The company also received income tax refund from 2007 as revenue of THB 226 million
respectively, an increase in total other income amount THB 17.2 MB, which mostly increased from foreign exchange gains due to the baht appreciation. The Company has a policy to manage foreign exchange risk by
an impact from the THB appreciation against USD; in which the THB was appreciated from 33.1 THB/USD in Jul 2018 to 32.4 THB/USD in Sep 2018 (2% appreciation). Consequently, the company posted net
of raw materials and packaging, which partly offset the increased of excise tax. Food business Food cost of sales was maintained due to improve efficiency in restaurant operation. Selling Expenses
to misappropriate 80.1 million Baht from Rayong Wire Industries, an Eastern Wire subsidiary, through a contract for advanced procurement of raw materials with Union Gas and Chemicals Co., Ltd. in 2004