products that are essential in modern life and has been recognized for their market leadership and product innovation. The business comprises of eight production assets in the US, Europe and China, with a
our withdrawal from the Greater China Investment Project, the Group nevertheless benefits from manufacturing and exporting our products to the People’s Republic of China for marketing for the purpose of
with a competitive price. As a result, the domestic sales slowed down compared to last year. Furthermore, the manufacturers from China and Europe still maintain their maximum production capacity which
normal but chemical prices has become higher due to closure of several chemical plants that caused environmental problems in China. 4. In conclusion, in the year 2017, the Company’s profit was considerable
tourism in Thailand that led to a continuous decrease in number of tourists especially from China which is our target customers. The Company was responsive of the situation and formulated new strategies and
2019 to acquire a 100% stake of Sinterama S.p.A. and its subsidiaries (“Sinterama”). The acquisition of Sinterama comprises of 5 production sites in 4 countries: Italy, Brazil, China and Bulgaria, with a
of product prices Decreased due to the economic slowdown As a result of the trade war between China and the United States - The Company had cost of sales of 575.19 million baht or 84.47 percent of
volume from China. Analysis of Cost and Expenses 1. In Q2 2018, Cost of sales was 3,385 MTHB, decreased by 256 MTHB comparing to 2017 or 7.0% as a result of lower sales volume as described above. The gross
Company has decreased Rubber Wood Kiln Dried Sawn Timber in export due to majority of customers in China have requested to delay the shipments because customers are in process of improving environment in