forecasts signaling GDP will fall by up to 6% compared to 2019. The export sector has been affected by declining demand from trading-partner countries, while the tourism sector has been severely impaired by
18.9%, respectively. However those were in the opposite direction to the declining change in revenue due to the increase in employee-related expenses such as commission and salary. In addition, the
million baht or decrease 12.84 %. The declining sales volume was due to the decrease in domestic demand for diesel. This is affected by a new outbreak of COVID-19 virus since early 2021. Additionally, the
(+6.05%). The purchasing power of customers has been declining since the third and fourth quarters of last year, which caused IT device sales to significantly decline. The main cause for the decline is the
Liabilities As of 31 December 2018, the Company held total liabilities of THB 265.48 million, decreasing 60.61% from the end of last year. Total liabilities fell as short-term loans from financial institutions
capital of SPRIME for 9M19 by decreasing value of the trust units by THB 0.176 (par value per unit from THB 10.00 decreased to THB 9.824) to distribute to the unitholders. Such reduction of paid-up capital
increased by 7% from the end of last year to 68,467 million baht. The portion of long-term borrowings was 44,061 million baht or represented 64% of total borrowings, decreasing from 75% of fiscal year 2018
the analysis of the operation result. The operating profit of EGCO Group for the year 2019 were Baht 10,368 million, decreasing by Baht 13,004 million comparing to 2018. However, if excluding gains on
10.09% 1.2 Export sales decreased by Baht 61.13 million or 28.96%. The major decreasing came from installation income from a customer in Lao. 2. Incomes from installation pipe in the year 2019 increased
22.7% from THB 1,631mn as of 31 December 2016. Total current assets were THB 646mn, decreasing by 23.6% or THB 199mn. The decrease was primarily attributable to 1) lower cash, cash equivalents and