and services decreased Baht 139.58 million or 34.14% from the corresponding period of the previous year, mostly from revenue from Trading decreased Baht 123.95 million due to the economic recession from

resulted from revenue decrease from the sale of plastic woven bag from the effects of the recessions of economic circumstance since the beginning of the year, combine with the drought condition which

margin of 34.7% reported in 2018. MK’s gross profit margin was also impacted by the economic slowdown. This caused most developers to delay launching new housing projects as well as speed up the sale of

. Managing the portfolio of non-performing loans to client or portfolio that are not much affected by the situation. The company expects that the cash flow may decrease somewhat due to the economic downturn

addition, the economic impact of Covid-19 will be only fully visible in the Q2-Q4 period of the year. However, as our business is essential to many manufacturing processes, and as we are quite diversified

0.71 MB 0.09 MB Subsidiaries Others 0.39 MB 1.04 MB Total 61.97 MB 50.94 MB In the first quarter of 2020. the Company recognized delay payment from project owners due to the economic situation and the

period, movements of inventories and the prevailing economic condition. Management believed that the reduce cost to net realisable value is adequate in the current circumstances. Source of fund Unit

Official Account: @fnoutlet as well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview In quarter 2/2020, the economic outlook has contracted resulted from the Coronavirus disease 2019 (COVID

baht, which will be an important source of income for the company in the future. Economic and industry overview and Forward Looking In the past Q2/2020 , it was acknowledged that the government of

prepare for the economic contraction due to the COVID-19 outbreak. The changes also included the decrease in trade receivables and other debtors in the amount of THB 202.38 million and the decrease in