distribution in other potential countries of Africa, Americas, and APAC. For domestic market, substitute products from importers got flooded as strong Thai Baht made overall imports cheaper causing intense price
100.0% 88.24 20.8% Cost of sa les (271.69) -53.1% (249.07) -58.8% 22.62 9.1% Gross profit 240.44 46.9% 174.81 41.2% 65.63 37.5% Other income 3.51 0.7% 2.29 0.5% 1.22 53.3% Distribution costs (102.59
million to Baht 66.59 million in 2019 or increased by 37.1%. Distribution costs for the 2nd quarter 2019 represented 21.0% of revenue from sales while in 2018 was at 20.7% of revenue from sale, increased
in general, thus the Company can focus and increase the proportion of production and distribution of Gravure sack packaging. In which the customer group is at the top level It is a product with added
save both direct and indirect costs. Thus, the Company can focus and increase the proportion of production and distribution of Gravure sack packaging. In which the customer group is at the top level It
from water treatment and distribution increased from the quarter 01/2019 by Baht 10.31 million. The major increasing came from operating a water treatment contract with Patong Municipality, Phuket
services revenue. Furthermore, the Company and subsidiaries has distribution costs and administration expenses in the amount of THB 401 million, which decreased by THB 325 million from the second quarter of
their concern on ability to manage liquidity and debt-servicing ability of households and businesses. Although the deterioration in credit quality affected profitability, Thai commercial banking system
indicated that in the third quarter of 2019, credit demand from the business sector improved from the previous quarter, due to loan demand from large corporates, particularly for working capital in the
Industry and Competition 2 1.3 Regulatory Changes 2 2. Risk Management and Risk Factors 5 2.1 Credit Risk Management 5 2.2 Market Risk Management 5 2.3 Liquidity Risk Management 6 2.4 Cyber Risk Management 6