carry out projects in many regions of country. In this regards, the Board of Directors has opinion that the selling of assets to new shareholder is appropriate. 11) The Audit Committee’ opinion None
and South African market. In addition, there are more appointment of international distributors such as Mexico and many countries are still in the negotiation. The company has a potential to operate
and many companies are also interested in investing in the land development. Therefore, SPI together with many companies have invested in establishing SCT as the company to develop the above land
purchasing power that are declining, in turns the company had to launched many promotions to drive sales resulting in the decrease of average selling price. 3. Selling expenses Selling expenses in 1H19
export business to many countries and will aid GLOCON business especially in Blow-Mold and Plastic Tray packaging sales volume and expand customer base. Opinion of the Audit Committee and/or Directors
. Lockdowns were enforced in many countries and some subsidiaries had to shut down its operation temporarily in Q2/2020. Customers’ orders also decreased, and shipments were postponed. However, the
the supply and demand of both domestic and foreign. The global and Thai economy are slowdown. The consumers have low purchasing power. Many automotive infrastructures stop their production, which leads
-19, causing customers to delay in work delivery of many projects although the Company has already been hired. (2) Cost of sales The Company and its subsidiaries had total cost of sales at the amount of
by 28.2%, majorly due to the Covid-19 pandemic situation causing lockdown in many countries that has majorly disrupted of tourism and hospitality industries. As a result, export sales decreased by 30.7