VGI PUBLIC COMPANY LIMITED BUSINESS HIGHLIGHTS 2Q 2020/21 VGI overcame lowest financial performance and recorded a net profit of THB 12mn in this quarter. Total revenue was THB 717mn, a decrease of
the net trade debts of THB 1,136 million and some portion from the trade creditors agreed to reduce the accrued interests payable during the negotiation period before the completed debt-to-equity
containing the COVID-19, economic growth is forecasted to contract by -7.8%1; the lowest growth among ASEAN countries. In addition, a range of political issues are loading to an uncertain economic recovery
according to the resolution approval from the Extra Ordinary Shareholders’ meeting no. 1/2017 on 30th August 2017 by newly issuing ordinary shares of the Company to pay the net trade debts of THB 1,136
results were satisfactory and confident that they could be able to help improving the Company’s business. SSG Group therefore started negotiating with 7 main trade creditors (including Cargill International
. There were a decreased of Baht 46 million of trade and other receivables as the company could urge oversea debtors to pay faster. On the other hand, there is an increased in ending inventory, especially
December 2017. There were a decreased of Baht 100 million of trade and other receivables as the company could urge oversea debtors to pay faster. On the other - 4 - hand, there is an increased in ending
contraction of the Thai economy. The economic growth inclined to be slower than forecasted which was mainly due to the trade tensions and the weakening of economy worldwide. Particularly, the export sector has
conversion scheme in according to the resolution approval from the Extra Ordinary Shareholders’ meeting no. 1/2017 on 30th August 2017 by newly issuing ordinary shares of the Company to pay the net trade debts
funding for its own production. This is to maintain market share and to meet demand for HRC local customers. However, the domestic steel industry has been affected by a trade war between China and the