P a g e 1 | 8 Management Discussion and Analysis For the nine-month period ended September 30, 2017 The analysis of consolidated financial position as at 30 September 2017 The group’s assets
of other companies with a purpose to gain control in such companies rather than to invest for ordinary returns; (8) “Subsidiary company” means (a) Any company whose 75 percent or more of its total
undertaking core business in holding shares of other companies with a purpose to gain control in such companies rather than to invest for ordinary returns; (8) “Subsidiary company” means (a) Any company whose
, representing a reduction of 3.9% Q-o-Q and 17.8% Y-o-Y, while sales revenue in USD terms declined in line with Baht sales. The Q-o-Q sales drop was due mainly to a backlog of orders at the end of the quarter. In
adjustment for the post- employment benefits program from the 300 days to 400 days and recognize loss from exchange rate which in the same quarter of 2018 was recognized as foreign exchange gain. 3.7 In the
of 16.4% year-on-year, from Baht 260 million (after adjust exchange rate gain of Baht 45 million) to Baht 302 million. This improvement is largely attributable to increased earnings from operations
the post- employment benefits program from the 300 days to 400 days and recognize loss from exchange rate which in 2018 was recognized as foreign exchange gain. 3.7 In 2019, the labor Protection Act
Narongdej (2) Golden Tiger Associates Ltd. (3) Mr. Nuttawut Phowborom and (4) Mrs. Sangduan Ewbamrung (collectively called “Existing Shareholders”) in the number of not less than 14,947,300 shares, at a par
Board of Directors’ Meeting No.6/2018 held on April 3, 2018 at 13.00 p.m., took place at the Meeting Room No.1, 14th Floor, TP&T Building, number 1, Vibhavadi Rangsit 19 Alley, Chompol Subdistrict