Financial Reporting Standard No. 15 (Revised) : Revenue from Contracts with Customers, effective 1 January 2019 has impacted on the Company and its subsidiaries’ financial statement as follows : o Brand
future. Business wise H1 2019 was challenging particularly in the most recent quarter. Business sentiment in multiple industrial segments important to us has been impacted by the macro economy and the
expected to severely contract during the outbreak. The export sector has been impacted by declining demand from trading partners and supply chain disruption, while the tourism sector has been impaired by
impacted the European car production volume. European car production reduced from 21.2 million cars in 2019 to 15.7 million cars in 2021. Dealership business in both Thailand and Malaysia slightly improved
measure (LTV). As a result, MK could maintain the sales of housing units at the same level as the previous year. However, MK’s gross profit margin was also impacted by the economic slowdown during the first
impacted by declining global demand, which has also led to a deceleration of private consumption as a result of lower employment, particularly in export- related manufacturing sectors. Elevated household
impacted by the global economy as well as the pressure from the US and China, resulting in main customers decreasing purchase orders and postponing investment plans for additional capacity in the country
discount scheme in order to attract customers and maintain sales. However, those programs were not success as expected which, therefore, negatively impacted sales volume and gross profit margin. In term of
were tight which were impacted by the announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary shutdown in some Chinese fatty alcohols plants due to more strictly
the last few month since the end of 2018, the HDD industry was impacted by the global economy as well as the pressure from the trade war between China and the US, resulting in main customers decreasing