effect in 2017 that represented a reduction of about 2% on average and a fire incident on June 18 that caused a backlog of order valued more than USD 2 million by the quarter end. However, consignment
that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due
unrealized consignment sales (Table 3, unrealized revenue amounted to USD3 million, or Bt109 million in 2Q18). Cost of Sales and Gross Profit The profit margin in 2Q18 widened Q-o-Q to 27.84% but narrowed Y-o
Copper, Copper Foil, Laminate and Fiber glass. However, an increase in capacity and efficiency gained from Phase 3 of the new plant that supported volume growth helped lessen the effect of the above on
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
materials Copper, Copper Foil, Laminate and Fiberglass, as well as the appreciation of the THB. Despite the increase in raw material prices and the THB’s strengthening, an increase in capacity and efficiency
property, plant and equipment acquired for the new factory (Phase 3) and for the Efficiency improvement at the subsidiaries. Total Liabilities Total liabilities decreased from Bt7,300 million at the end of
was negatively impacted by unrealized consignment sales of Bt94 million (Table 3) and a backlog of orders of about Bt115 million at the end of the quarter. In addition, new prices that took effect in
procurement thanks to a decrease in the cost of copper, implementing artificial intelligence technology (AI) in the workplace to improve the production process and efficiency, and reducing the Company’s
remuneration, tax penalty, and accounts receivable previously recorded as stock under consignment in 2011 and subsequently re-arranged to sale transactions in 2012. The SEC, therefore, has instructed TUCC to