major customers, new model launch and new product launch led to higher revenues. Thailand operations were very strong; recording 68.3% growth year-on-year. China and Portugal operation were also strong
; Higher volume from major customers, new model launch, new product launch, new order from overseas customer and management’s effort to diversify into more product range led to higher revenues. Thailand
compared to the last quarter of last year. However, most of these accounts receivable are not overdue. Other receivables increased Baht 47.83 million mainly from deposit paid for mold of new model in
debt recovery increased by 7% y-y as well as revenue growth from overseas subsidiaries by 46% y-y. As of May 31, 2020, the Company has active customers more than 2 million IDs, mainly from Bangkok 31
), due to higher contribution of C-Vitt and COVID-19 impact. Higher proportion of C-Vitt in total portfolio distorted the overall gross margin as C-Vitt operates under joint venture model so profit is
model in automotive segment. Property, plant and equipment increased by Baht 54.72 million which were new machines that ordered since last year but delayed shipment until the early of this year, and some
which will have commercial launch next year. For Painting segment, sales decrease because some products are near to the end of the model life. 2. The consolidated gross profit margin was 12.21%, decreased
82% compares to the same period at the previous year. In 1Q/2018, Wuttisak Clinic InterGroup Co., Ltd. (“Wuttisak Clinic”) has changed the business model to franchise model by disposal of assets and
Office on a quarterly basis within the fifteenth day of the first month of the following quarter. Clause 5 To ensure that the model or method used in the stress test are appropriate to the current and