“low season” of the year, the delay of domestic consumption recovery and the high household debt. This attributes to sale in 3Q18 were not achieve the target. 9M18 sales slightly decrease when compared
revenues. The increase was mainly from the continued growth of bad debt recovery that increased by 36% y-y caused by increased the internal legal staff to expedite the legal process. In 2019, the Company
low margins since it is selling only hardware yet competitive. As a result, the changes in net profit increased at lower rate than the increase in revenue. Besides, the increase in revenue partly came
had a total increase of THB 65.05 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive industry in Thailand, resulting in high growth in
of the company, such as gain on exchange rate, interest income, bad debt and bad debt recovery. In the first quarter of 2019, the group had other income decreased by Baht 2 million or 18% in the same
activities of the company, such as gain on exchange rate, interest income, bad debt and bad debt recovery. In the Second quarter of 2019, the group had other income increased by Baht 11 million or 28% in the
1st quarter of 2021, as follows: Business Overview The Thai economy in the first quarter of 2021 was pressured by the domestic COVID-19 situation that impacted the country’s economic recovery momentum
Administrative Expenses The Company and its subsidiaries recorded administrative expenses of Baht 141 million, an increase of 11% YoY. Administrative expenses to sales increased to 11% from 9% in Q1/2018, mainly
higher lime demand in Q4 2017 and will continue into Q1 2018. The steel industry has closed its third year of continuous recovery in 2017, with total output up over 10%. Further volume increase is