investment of a new company 3.1 Name of new company MBK Food Service Company Limited (“MBK-FSV”) 3.2 Nature of Business Operation Management raw materials, products finished goods, Semi-finished goods 3.3
and took time to validate and eventually produce, therefore the company has to import the finished goods products for serving our protective coatings market. 3. The increasing of sells and
goods production and the company sells materials such as rubber wood to related companies to product finished goods. However, the managements applied the similar criteria to make the mutual agreement with
Million for Last Year Quarter mainly due to increase in loss on devaluation of Finished Goods and Raw Material by THB 158 Million and lower Foreign Exchange Gain by THB 95 Million compared to Last Year
transaction: 3.1 On the use purpose of warehousing the company’s finished products, Vanachai Woodsmith Company Limited has a warehouse service contract in 2,688 square meters, and the location is at 8/3, Moo 8
sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and
million, increased by 3.2% mainly due to writing off the obsolete finished goods. As a result, the company reported net loss of Baht 8.1 million compared with a profit of Baht 6.6 million in the same
by 8.9% from the marketing activities expenses. The administrative expenses reported at Baht 28.8 million, increased by 4.1% due to writing off the obsolete finished goods and raw materials. Shutdown