such information to the Stock Exchange of Thailand. Reasons and Justifications for the Transaction : The Company has a plan for business expansion, and it is thus necessary for the Company to use more
statements • Thai Financial Reporting Standards 15 – Revenue from Contracts with Customers – due to take effect in 2019 • Recurring issues from the audit inspection findings and how to resolve them, i.e
expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori in the same period last year. Maygori
sales and service is higher than the same quarter last year at 20.9%. Selling and administrative expenses increased 6%, to support business expansion both in Thailand and overseas The Company’s expenses
number of office employees to support the branch expansion plan. Moreover, in February 2017, the Company recorded the expense for the annual staff seminar which was postponed from late 2016 for THB 1.69
total amount value not exceeding 300,000,000 Baht, with 5% interest rate and 1 year tenor, to support business expansion and working capital. The transaction is classified as a receipt of the financial
THB 35.01 million and THB 24.77 respectively. The THB 10.24 million increase was mainly from manpower expenses from head quarter, more staff hiring to serve business expansion and new activities serving
increase of sales volume of cleanser and medical supplies due to the Company becomes greatly known and the greater customer base expansion resulting in the net profit in accordance with the ratio of stocks
buildings, constructions, aircraft refueling vehicle fleet and) the increase in the depreciation from the FPT’s multi-products fuel pipeline expansion project to the northern part of Thailand phase 1 (NFPT
, and 1,722.70 million baht for year 2016, 2017, and 2018 respectively. As can be seen, the revenue from sale increased continuously every year. In the year 2018, increased orders and the market expansion