Q1 2017, of which 92% contributed from zinc trading business and 7% from renewable energy. The decrease mainly resulted from a drop in total sales volumes and the appreciation of Thai Baht against USD
For the first quarter ended 31 March 2018, the Company’s sale revenues were Bt. 24,590.08 million, which decreased 3.00% from last year. The decrease of sales was mainly due to Baht appreciation during
vegetables and fruits decreased 21.29 million baht compared to the same period last year. And another reason that the total sales decreased becaused the baht appreciation compared to the US currency. (Which is
the relevant Authorities to provide necessary safeguards against the Imports of HRC, there has been sharp increase in the imports especially of Hot Dip Galvanized and Alloy Steel grades during the
result of (i) the THB appreciation against EUR (THB appreciated from 35.90 THB/EUR in 1Q 2019 to 34.49 THB/EUR in 1Q 2020) since the majority of the Company’s hotels earns their revenue in Euro and (ii
) increased 68 keys under AHS management contracts. The Average Daily Rate (ADR) decreased by THB 523 per night as a result of (i) the THB appreciation against EUR (THB appreciated from 35.70 THB/EUR in 2Q 2019
number of increases is less than the number of decreases. As a result, overall export revenue is less. 2. The impact of the appreciation in Thai baht resulted in the Company’s revenue in Thai baht
impact from currencies appreciation as compared to previous year. 3. Selling and Administrative Expenses For the year 2018, the Company’s SG&A expenses were Bt. 4,247.97 million or 3.76% of the total sales
in world oil prices, resulting in a sharp drop in commodity prices this causes a lot of price competition. Yours Sincerely, Ms. Piyanan Suwannaphasri Assistant Managing Director Authorized to sign