company’s total revenue significantly increased form Q1–2020, representing an increase of 592.6 MB or 48.1%. This is because the most of the company’s revenue came from ongoing projects of the previous

at full capacity with two shifts in most of plants locally and globally. Looking ahead and based on the forecasts from OEMs, 2021 is expected to be a better year than 2020. Yours sincerely, Mr. Yeap

can pass through most of the raw material’s price increase to customers. Our gross profit in terms of amount will not be affected, however, the selling price increase resulted in the increase in the

market value of at least THB 10,000 million for the most recent four consecutive quarters. However, such criteria of average market value do not apply to the offer for sale of structured notes in private

expenses 81.3 81.7 64.4 (0.4) (0.5) 16.9 26.2 Income tax expenses 80.8 96.6 95.9 (15.8) (16.4) (15.1) (15.7) Revenue from sales and service Most of revenue from sales and services of the company comes from

21.34 percent are finished products, 22.32 percent are work in process and 38.20 percent are raw materials. The Corporate Group conducts inventory inspection every month and has employed accounting policy

Deterioration or Obsoleteness The Corporate Group’s inventory as at December 31, 2019 accounts for 25.67 percent of the total assets, of which 24.14 percent are finished products, 18.90 percent are work in

Year of 2019 WHAUP finished our 2019 with a Net Profit of Baht 2,137.2 million, a 5.1% decrease from 2018 while Normalized Net Profit of Baht 1,792.7 million, a 4.5% increase from 2018. 1. RESULTS OF

finished products, 24.01 percent are work in progress and 34.11 percent are raw materials. The Corporate Group conducts inventory inspection every month and has employed accounting policy for setting

product sales approx. 71%:29%) • Finished or intermediate products, which can be categorized as follows: • Online sales and Head office pick up • OEM/Food Manufacturing under the Company’s trademark or per