Global Media (Malaysia) Sdn. Bhd. (“VGM”) which began in this quarter and the full-quarter consolidation of Trans.Ad Group. However, within the domestic market, due to the low seasonality, which led to
expiry of safeguard on alloy steel, and strengthening of Thai Baht, and the current out break of COVID-19 has led to continuous decline in domestic steel prices from second quarter of 2019 and impacted the
%. The main reason was Baht appreciation more than the corresponding period of previous year. That led to the decrease in cost of inventories. Exchange rate during Q1/2020 was between 30.28 – 33.09 Baht
, with the effect of COVID-19 outbreak, the labor has temporary moved from service sector back to agriculture sector which led to more demand in agriculture equipment. Other that the above reasons, in Q2
of a possible recurrence of the outbreak in Thailand, have led to severe restrictions on inbound and outbound travel. This has resulted in a massive contraction of the tourism industry, as well as the
multimedia display systems such as LED displays, content control and media management systems, installing a connection system for commanding and storing data via the internet and CCTV, including designing and
investment in the year 2019 but no such transaction in this year together with the effect from COVID-19 outbreak which led to the decrease in traffic and ridership volume resulting to the decrease in revenue
decreased by 6.82% to 738,113 units due to Covid-19 outbreaks which led to partially lockdown in Thailand during the period of July to August, and global semiconductor shortages. Export volume increased 30.35
major customers, new model launch and new product launch led to higher revenues. Thailand operations were very strong; recording 68.3% growth year-on-year. China and Portugal operation were also strong
projects to foreign suppliers. During the period first quarter of 2023, Thai Baht was appreciated compared to exchange rate at the end of the year 2022 which led to the Group has loss on exchange rate for