(loss): A slump in shares of profits by 390% from the same period of the previous year was solely due to a negative performance of Advance Power Conversion Company (APCON) whose projects had been delayed
international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug
pandemic on the goods deliveries including inbound and outbound shipments to customers getting stranded and delayed during this period. In addition, the delayed deliverables at several of L&E‘s completed
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
fallen by THB 34.73 million, which has led 2nd quarter company’s net profit to fall to THB 0.69 million, a decrease of THB 16.05 million (96.2%). The main factors causing a sharp fall in underwriting
had an extra expenses from a delayed project. Those expenses were composed of both a fine from the delayed project (19.00) million baht and extra cost for the delayed project (3.76) million baht. 2.2 In
previous year, as a consequence of the performance of Advance Power Conversion Company (APCON) performance whose projects had been delayed from the plan resulted in net loss in 2018. Earnings before tax (EBT
85.76% from Q1 year 2017. The reason was the delay on the shipment to customers in the first two months of year 2018. The main raw materials’ crop, which is sweet corn, was delayed due to the weather. The
delayed orders from one major customer in this quarter, but the repeated order will be placed in the next quarter. 2. The company’s consolidated net loss for the period (Q.1) amount -11.20 Million Baht
consisting of Interest expense from bank creditors amount of 23.42 million baht, interest on short-term loans amount of 1.63 million baht, interest of debentures amount of 21.74 million baht, delayed interest