flexible packaging products, to repay the loans and used as working capital. Details are shown in Capital Increase Report Form (F 53-4) (Attachment 1). 4. Approved to propose to the EGM to amend Clause 4. of
return to precedented levels within this year. At the same time, the Company closely monitors the development of the situation whilst maintain a flexible business plan to suit the changing environment, is
with flexible business plan to suit the changing environment. Outlook for 2020 Performance Regarding to an uncertainty of COVID-19 situation, which will impact various dimensions of business, the Company
revenue decrease from the sale of plastic woven bag from the effects of the recessions of economic circumstance since the beginning of the year, combine with the drought condition which affected the
capital increase is to expand the capacity of flexible packaging products, to repay the loans and used as working capital. Details are shown in Capital Increase Report Form (F 53-4) (Attachment 1). 4
does not expect its performance to return to precedented levels within this year. At the same time, the Company closely monitors the development of the situation whilst maintain a flexible business plan
activities and spending. The situation has led to an adverse economic effect on individual and business across various sectors, so Thai government has issued measurements such as cash subsidy payment and
resulted from revenue decrease from the sale of plastic woven bag from the effects of the recessions of economic circumstance since the beginning of the year, combine with the drought condition which
(FSMART) 1Q2020 Management Discussion and Analysis 2020 Management Outlook The Covid-19 pandemic has affected economic condition worldwide including Thailand, which severely decrease revenue of both