of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the
intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales
appreciated. Whereas in 2018 inventory loss was recorded at THB 1,489 million (including lower of cost or market (LCM) THB 689 million) due to the sharp decline of crude oil price in the global market between
subcontractor and fabricators like UEC. This is effect to small volume for UEC in Q1/2018 and very high competition. Discussion and Analysis of the Company and its subsidiaries Operational Results in Q1/2018 and
Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries
that, the market competition intensified to compete for market share due to contraction in demand. 2 2. Total cost of goods sold amounting to 1,715 million Baht was increased by 87.74 million Baht from
domestic plastic packaging consumption. In addition to that, the market competition intensified to compete for market share. 2 2. Total cost of goods sold amounting to 1,784.43 million Baht was increased by
recovery, competition for available projects are more intense. Discussion and Analysis of the Company and its subsidiaries Operational Results in 2017 and 2016 Corporate Revenue In 2017 the Company and its
from government sector Revenue from rental equipment also effected from economic situation, the revenue dropped 7.3% from the same period last year. They were caused by highly competition as limited
due to market competition and low factory workload at the time. Project startup delays for these projects meant that, instead of the staggered production as originally planned, these projects started