the performance and the financial status for the year 2019 ended December 31, 2019 of the Company and its subsidiaries, as shown below: (Unit : Thousand Baht) 2019 2018 Change %Change Revenue 910,707
1,727.5 million, decreased of Baht 488.0 million, due to decreased sales volume of Particleboard. Financial status Total assets As of 30 June 2020, the company and its subsidiaries have the total assets
-69.76 23.02 54.43 -57.71 Financial costs 0.04 0.03 20.59 0.04 -6.82 0.09 0.07 23.19 Income tax expenses 1.24 5.34 -76.82 1.86 -33.49 3.10 10.79 -71.31 Net profit 4.07 20.89 -80.53 15.77 -74.22 19.84 43.57
assets5 (%) 43.2% -47.0% Debt to equity (times) 0.3 0.3 Asset turnover (times) 0.8 0.4 Remark: Financial ratios were calculated based on The Stock Exchange of Thailand’s formula. MANAGEMENT OUTLOOK The
10.31425 billion THB, increasing 10.46% and 24.04% from 2018 respectively. The financial liquidity has efficiently been managed, therefore, the interest bearing debt to equity ratio and the debt to equity
borrowings from financial institutions decreased Baht (17.76) million, which mainly comes from long-term borrowing repayment in solar energy business. The group’s equity increased Baht 24.30 million due to
. • Long-term borrowings from financial institutions decreased by Baht (35.42) million, which mainly comes from the repayment of long-term borrowing in the solar energy business. The group’s equity increased
analysis report of the financial positions and result of business operations differences more than 20% compare to the previous year. To : Board of Governors and the President of The Stock Exchange of
Group has adopted the new Thai Financial Reporting Standards (TFRS) no. 15, Revenue from contracts with customer. The adoption of TFRS 15 mainly affects the Group’s accounting treatment cause the Group
interest and taxes (EBIT) 32.79 107.16 (74.37) (69.40) Financial costs 0.72 0.13 0.59 453.85 Income tax expenses 2.86 20.81 (17.95) (86.26) Net profit 29.21 86.21 (57.00) (66.12) Earnings before interest