) Total 222.54 189.64 32.90 17.34 - Contract manufacturing business of ready-to-drink milk and pasteurized fruit juices saw its income increase by Baht 32.94 million, or 19.65%, due to more production
services increased since the year end 2017 (June 30, 2017), the company discontinued of the manufacturing and distribution agreement with the major paints contract. The company signed new licenses agreement
Subsidiary Company: Glanzstoff Industries Mexico, S. de R.L. de C.V. Registered Country: Mexico Nature of Business: Chemical Fibers Manufacturing Registered Capital: MXN 50,000.00 (equivalent to Baht 86,235.00
manufacturing 257.08 418.24 -38.53% 870.08 1,067.34 -18.48% Other Revenues 0.91 9.67 -90.63% 10.27 32.00 -67.92% Total Revenue 257.99 427.91 -39.71% 880.34 1,099.34 -19.92% Cost of goods sold and cost of services
efficiency. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue Major revenue of The Group mainly came from revenue from steel tower manufacturing and revenue from sales of electricity. In
weaker from protectionist trade policies between US and China and effect of Baht appreciation, which affected to export sector and industrial sector, especially in electronic components manufacturing
was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with
sectors. Manufacturing and exports contracted due to lower demands and shortage of raw materials and components from suppliers closed down due to the quarantine. Private investments and employment also
both Thailand and abroad temporarily disrupted several economic activities. The tourism sector substantially declined due to Thailand’s inbound travel restriction measures. Manufacturing productions were
2.85 26.19 3.18 7.40 Total 515.79 306.46 1,530.42 824.92 209.33 68.31 705.50 85.52 - Contract manufacturing business of ready-to-drink milk and pasteurized fruit juices saw its income increase by Baht