the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the six-month period ended 30 June 2019, the Company’s

collection period was 68 days decreased from 88 days of the previous year. Inventory period decreased from 168 days in 2016 to 116 days in 2017. The strengthened baht led the company to reduce the impact from

asset disposal transaction is not the main business of the Company; thus, it does not have any impact on the operation of the Company. Furthermore, this asset disposal will help reduce debt burden of the

as specified in the share purchase agreement for NML shares. The Company agrees to reduce the amount of debt as appearing on the Company’s financial statements as of the closing date of the share

for manufacturing costs. However, the Company could manage to reduce the percentage of revenue and cost of sales comparing to the same period last year. Selling and Administrative Expenses For the

that this transaction is reasonable. Because it is in accordance with the policy and strategy of the Company that wants to reduce the production and distribution of products with low gross profit margin

for the Company : • The Company will reduce debts from such divestment of YLP, i.e. - Outstanding debts of PFR owed to the Purchaser 348,567,548 Baht - Outstanding debts of YLP owed to Kasikorn Bank

, decrease Baht 6.41 million or decrease 51.91%, because in previous year the company sold some of its investment in associates company cause to reduce the profit sharing. For the six months ended June 30

any impact on the operation of the Company. Furthermore, this asset disposal will help reduce debt burden of the Company, resulting in that the Company is able to repay the debt within time specified

objective of the termination of this leasehold rights was the ESTATE has intention to develop their new project on this land and to reduce the cost of the Company from recognizing project cost since 2014 when