. The increase in demand by air freight, in particular, encouraged the cross-border land transportation (CBS) business to turn a profit on the net loss last year. This contributed to a significant growth
, the Company expands businesses though its master agents around the country and improves its operation efficiency to have sustainable growth and profits in the rapid changing future. The Company has
footprint in Vietnam market On 21 January 2020, MACO, through VGI MACO (Singapore) Private Limited1 (“VGIMS”), announced to expand its footprint into the Vietnam market – a high growth potential country
attributable to strong recovery of automotive parts business, especially in China and Thailand. Dealership businesses contributed lower growth in 2021 due largely to Covid-19 driven issues. Malaysia went through
IT Expo at its branch storefronts, contributing to the increase in sales. Revenue from sales and services at existing branches ( Same Store Sales Growth) increased to 4.84% compared to the same period
construction of the new Latkrabang factory was completed and production capacity of Phase 3 was partly expanded, which led to solid revenue growth and profitability. We still experienced a number of challenging
world economic growth and the customer's sales growth. reviewQ419.xlsx MD&A 2019 24/02/2020 The groups sales revenue are in foreign currency (primarily USD) and USD currency costs are approximately 60
. Therefore, the company's performance is mostly affected by its ability to win and retain business from the existing and new customers. In turn, customer demand is affected by world economic growth and the
2018, the Group has revenue from construction contracts total of 1,387.08 Million Baht, or 36.08% compared with 2017, or increased around 367.80 Million Baht. The main reason of revenue growth resulted