for the openness of the free trade policy Economic expansion in the developing countries and the continued growth of low-cost airlines, especially in Asia. For the total multi-products fuel
higher than the first quarter of 2019 19.4%. This was because of an increase in employee expenses and expenses related to the insurance business. The Company’s gross profit for the first quarter of 2020
Baht 393 million, respectively. The Group estimates net realisable value of inventories taking into the account fluctuations of price or cost directly related to events occurring after the end of the
-o-Q and 29.6% Y-o-Y. Following the economic crisis facing the automotive industry due to COVID-19 and lock down measures implemented by many countries in which the Company operates, our customer
Official Account: @fnoutlet as well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview In quarter 2/2020, the economic outlook has contracted resulted from the Coronavirus disease 2019 (COVID
baht, which will be an important source of income for the company in the future. Economic and industry overview and Forward Looking In the past Q2/2020 , it was acknowledged that the government of
prepare for the economic contraction due to the COVID-19 outbreak. The changes also included the decrease in trade receivables and other debtors in the amount of THB 202.38 million and the decrease in
economic slowdown. Causing, the Thai government declared the Emergency Decree. With measures prohibiting aircraft, vessel, motor vehicles, or any other types of conveyance, or using transportation routes
first Quarter 2019. The revenue of each business unit which were shown above, didn’t eliminate related transaction. Gross Profit and Gross Profit Margin For the first Quarter 2020, the Company had gross