Microsoft Word - Selling machinery in related company Our Ref: CEO 020/2018 9 November 2018 Subject Selling machinery in related company Attn. To President of the Stock Exchange of Thailand AgriPure
plan (2015 - 2517), the Company has been building foundation and strength of the organization to support future growth including 1) investments in plant, machinery, and office renovations, aiming at
pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to
additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, for the Company’s sustainable growth in the future. However, some investments
investment in machinery to improve production efficiency and reduce production cost, in order to prepare for an increased level of production in the future. Q3/2017 net profit rebounded remarkably by 27% QoQ
selling expenses from multiple new products launch; and higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures. If considering
Meeting No. 3/2019, held on August 5th, 2019 of Hwa Fong Rubber (Thailand) Public Company Limited. That approved to buy Molds, Machinery and equipment. With Hwa Fong Rubber (China) Co., Ltd. "HFC". When
Director Meeting No. 3/2019, held on August 5th, 2019 of Hwa Fong Rubber (Thailand) Public Company Limited. That approved to buy Molds, Machinery and equipment. With Hwa Fong Rubber (China) Co., Ltd. "HFC
reduction. However, outstanding loss remained due to 1) sales shrinkage; 2) higher cost as a result of higher depreciation from investments in machinery; 3) higher financial costs from investments; and 4) one