from slow investment from private sector and export sector. Additionally, Thailand’s tourism has shown slow pace from a drop in international tourist arrival, especially Chinese tourists (Source: The
appreciation. Private consumption grew at a slower rate than in the first half of the year, especially spending on durable goods in line with a contraction in domestic vehicle sales. In response, the government
% stake in M&G Polimeros Brazil S.A. in Ipojuca, Brazil. The plant is the largest PET facility in Brazil with a capacity of 550,000 tons per annum. This plant is strategically located and benefits from a
trade and other payables, and provision for long-term employee benefits decreased. Shareholders’ equity up 13.37 million Baht, main reason came unappropriated retained (deficit) earnings and other
, included by - the exchange gain of Baht 1.78 million; - the record of additional provision for long-term employee benefits of Baht 4.58 million (as shown under Administrative Expenses) to comply with the
income tax payable and non-current provisions for employee benefits. At the end of December 31, 2019, the company has cash balance amount 249 Million Baht decreasing 98 Million Baht from December 31, 2018
), administrative expenses increased to 0.65 million baht due to salaries and benefits increased 0.29 million baht. Allowance for doubtful accounts increased by 0.28 million baht. Other expenses increased 0.08
applying for benefits of land ownership from the board of investment of Thailand. And Approved to authorize Ms. Su, Ming Fen, the Chairman to be the authority to the Land sale and purchase agreement with the
December 31, 2017 of Land and Land Improvement Baht 25.28 million and Building and Utilities System Baht 29.78 million, Totally Baht 55.06 million. Page 2 of 2 Company’s Expected benefits The Company has
. Company’s Expected benefits The Company will invest in new project which cannot be disclosed now. However, when the investment is explicit, the Company will inform investors further. Board of Directors