11% Y-o-Y (Table 4), due partly to the WLTP issue, which resulted in lower orders from automotive suppliers, as most suppliers shifted their priority to stock management. In 1Q19, consignment stock

million, an increase of Baht 21.84 million or up by 3.78% due to higher support fee from promotional activities with suppliers. 2. Gross profit was Baht 4,243.04 million, an increase of Baht 278.37 million

) 4 Inventories as of March 31, 2020 was in the amount of 132.60 million baht increased by 9.46 million baht when compare to last year. Several shipments of raw meterials from Chinese suppliers were

/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter

suppliers. 3. Shareholders’ equity As at 30 September 2019, the Company’s shareholders’ equity was Baht 1,476.90 million, decreasing by Baht 6.37 million or 0.43% from end of 2018, mainly due to dividend

increased revenue and has delivered projects for which suppliers sent invoices, but payment was not due in accordance with credit terms, resulting in an increase in trade payables. Unbilled payables increased

in the course of replacing one of its distributors, which affected sales in the second half of the year, which normally is the high season period, although there remained such markets with continued

, Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 Income Jan - Jun2019 Jan - Jun2019 Increase (decrease) Million baht Percent 1. Stores, distributors and wholesale stores 35.63 43.53 (7.90

course of increasing the distribution of products to cover the relevant areas in place of sales from one of the previous distributors whose distribution agreement had been terminated last year, and started

51.31% to 50.92%. However, the Company continues to closely monitor to reduce the food waste and for purchasing to deal with new suppliers for better deal in term of better price, volume and credit term