The revocation followed Apple Wealth Securities’ inspection report regarding three clients’ complaints against Nutnicha and the SEC’s further investigation, which revealed Nutnicha’s misconduct as
considered as a normal level for the business at the beginning stage launching new products into the market which requires high spending. 4. Financial Position of the Company and its Subsidiaries (Unit: Baht
increase of 21% from Baht 3,640 million as at 31 December 2016. This was mainly due to increased inventories from higher stock level of branded canned fruit than last year preparing for sale until the next
in domestic branded sales from new packaging launch, new crop season for canned fruit, improved domestic CMG sales plus good response of new product as well as continual growth of export branded sales
and recruit new customers to the Company. From the end of Q2/2018 until mid of Q3/2018, the Company has launched new products into the market, e.g., HPP (High Pressure Processing) fruit juices, and milk
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differentiation strategy, especially the Green Apple flavored energy drinks under Carabao trademark, which are getting more recognition from customers. Nevertheless, ICUK does realize the dynamics and competitive
benefitted with the consolidation of high performance Rayon tire-cord business ‘Glanzstoff’ but the overall earnings were negated due to planned maintenance shutdown at the flagship site in Indonesia. 3 In USA