the transaction, Modern Company must adjust its business structure by buying out land and factory buildings as well as adjust all existing assets and liabilities of the company except tools, machinery
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forecast some of the factors that contributed to our over performance in the first half to ease towards the end of the year we look forward to a strong H2. On the cost side we face some headwinds in variable
downwards its GDP growth forecast from -5.3% to -8.1% for 2020, projecting the worst recession since Tom Yung Kung crisis in 1997. Furthermore, Malaysia and Indonesia, our major international business
, accounted for 39 percent of the Company’s total sales, representing an increase by 4.6 percent as compared to that of the previous year, but lower than forecast. This was due to the fact that the Company was
Baht 479 million of last year-end, or equivalent to 2.37% decreased. This was due to lower inventory purchased volume in accordance with sales forecast volume during the last quarter of 2017. Liabilities
285.2 MB in accordance with the sales forecast. 2. Non-current assets As of the year end 2016 and 2017 the company’s non-current assets totaled THB 224.1 MB and THB 255.5 MB respectively and equivalent to
between the US and China, and the global economic slowdown. The economic forecast for 2019 is for the country to continue to grow at a slower rate than prior year; the expansion of consumption is expected
is the key factor driven domestic’s consumption and investment. Bank of Thailand has revised down its growth forecast for Thailand's gross domestic product this year to 3.8 percent from 4.0 percent