loss in Q1 2020 but turned profitable in Q1 2021. 3) Lower tax expenses. 2) Financial Position Analysis (Unit : Million Baht) March December Change 2021 2020 Amount % Change Total Assets 23,138 22,346
at all levels. - Prepare manual work process for each department to control quality and reduce losses - Create motivation by rewarding, if able to produce and control waste according to the target
from Covid-19, caused a big loss of Baht 631.26 million in a Q2 2020. However, the company was able to turn profitable for full-year 2020 and generated over Baht 1,000 million of net profit in 2021. 2
services to meet customer satisfaction. The development of the company as mentioned above, The Company has improved its performance and expected to be profitable in the near future. Please be informed
-profitable branches. The Group has shifted into delivery activity in this quarter. - Entertainment business earning decreased THB 7.98 million from THB 11.91 million compared to the same period of last year
had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3
expected to be profitable in the near future. Please be informed accordingly, Sincerely yours, Mr.Vee Worasakyotin Managing director
was able to turn profitable for the full-year operations in 2020. Demand for automotive parts continues to recover both locally and globally starting from the end of Q3 2020 and this momentum continues
profitable to supply regularly because there is no risk of fluctuations in the price of raw materials. 3. Cost of Sea Freight Service - In 1st quarter of 2018, cost of service was THB 13.70 million, with ratio
relatively high gross profit resulting from efficient return trip cost management In addition, at the beginning of the year, oil prices have declined. Making the company profitable with the gross profit margin