Microsoft Word - Helium - ELCID Price Reduction -(EN) (WCP 8 March 2019) - clean_revised 1 (Translation) No. 10000000/055/62 11 March 2019 Subject: Grant of approval for merger and amendment to the
Microsoft Word - Helium - ELCID Price Reduction -(TH) (WCP 8 March 2019) - clean_revised 1 ท่ี 10000000/055/62 วันท่ี 11 มีนาคม 2562 เรื่อง การไดรับมติเห็นชอบการรวมกิจการและการแกไขสัญญาซื้อขายหุนบ
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
outbound travel was continued and it extremely affected the shrinkage of tourism sector. Furthermore, the impact of export sector caused by the weak demand of the trade partner countries and it continuously
sales channels and new services in parallel to the ‘New Way of Life’ or ‘New and Now Normal’. To stabilize our businesses and retain financial flexibility, cost reduction was one of our measures. The
: Adjusting some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to
some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to recognize
depreciation as well as some expanses were recorded as financial cost. In addition, the decrease of rental expenses from temporary stores closure during COVID-19 pandemic, decrease of loss from shrinkage and
subsidiaries recorded loss of Baht 35 million, loss decreasing from Q3/2018 that recognized net loss Baht 124 million, due to 1) sales shrinkage in domestic branded sales; 2) 42% decrease from Q3/2018 in selling
/2019, the Company and its subsidiaries recorded total sales of Baht 1,240 million, a decrease of 7% YoY, occurred from a decline in domestic branded sales at 12% YoY while export branded sales continued