obsolete equipment. Gross profit margin increased from 32.1% to 34.7% from favorable energy prices. Total expenses were Baht 981.1 million, decreased by 26.5% from controlled spending measurements. As a
well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview Thai economy in 4Q19 was slowdown. On the domestic front, private consumption indicators suggested expansion in all spending
, increase in level of household debt and exceeding supply of the real estate units. The Company has been prepared to cope up with effect of LTV by accelerate spending in sale and promotion activities to
government has policies to help the cost of living of people at the grassroots level, it focuses on spending of the essential consumer products only. Products of the Company: For Medical Devices; There is
segment were also severely impacted due to lockdowns, less consumer spending on durables and travel restrictions although Hygiene Fibers had stellar results. • Non-durable end markets for IVL products
economic slowdown and adversely impacting most businesses and industries in terms of supply chains, consumer spending, operational delays, and more. The Group’s business activities in terms of sales of goods
, public spending and tourism sector still expanded which resulted from low base in the previous year. (Source: BOT Press Release No.64/2019 on the Economic and Monetary Conditions for September and the
weaken. Although the government has policies to help the cost of living of people at the grass-roots level, it focuses on spending of the essential consumer products only. In addition, there was a factor
, account receivable, other current assets, and decreasing of inventory. The company had cash used in investing activities of THB 144 million because there was cash spending for investment in GGC KTIS Bio
, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track