material and was used by the SEC in its consideration to ensure that the disclosure in the Filing Form was accurate and complete. Furthermore, ETL also concealed the actual statement concerning the interim

addition, some shipments were not recognized as sales revenue in the second quarter in accordance with relevant incoterms, and partly due to consignment stock: consignment fill-up totaled Bt813 million

11% Y-o-Y (Table 4), due partly to the WLTP issue, which resulted in lower orders from automotive suppliers, as most suppliers shifted their priority to stock management. In 1Q19, consignment stock

million). In addition, the decrease in Sales was due to product mix (Table 5) and an adverse effect of unrealized consignment sales (Table 3, unrealized revenue amounted to Bt115 million in 2018). Cost of

. Table 3: Consignment Sales In 3Q 2019, revenue of consignment sales were realized for less than the stock filling. (Amount: in Baht Million) 3Q 2019 3Q 2018 Stock Filling Usage Unrealized revenue Stock

was negatively impacted by unrealized consignment sales of Bt94 million (Table 3) and a backlog of orders of about Bt115 million at the end of the quarter. In addition, new prices that took effect in

orders fell sharply by 42% Q-o-Q and 37% Y-o-Y (Table 5). Whereas consignment stock usage was lower at Bt431.5 million in the second quarter, representing a decrease of 50% Q-o-Q and 43% Y-o-Y (Table 3

addition, there was a backlog of orders at the end of the year and unrealized consignment sales (Table 3). However, sales in THB terms were affected by the appreciation of the THB against both the USD and

remuneration, tax penalty, and accounts receivable previously recorded as stock under consignment in 2011 and subsequently re-arranged to sale transactions in 2012. The SEC, therefore, has instructed TUCC to

.  Such information includes cash account, purchases and sales transactions in cash, executive remuneration, tax penalty, and accounts receivable previously recorded as stock under consignment in 2011 and