risk for operating a real estate business. Additionally, the difficulty of finding a good location of land with reasonable price point in central Bangkok has arisen. With regarding to the competition
Company’s major export countries, e.g. Cambodia where flood caused transportation difficulty and China where some distributor had weak performance. In addition, Thai baht was stronger than currencies of the
the delay in ownership transfer in a certain number of our customers and lockdown policy implemented in various countries causing difficulty for real estate foreign buyers to proceed the ownership
for manufacturing costs. However, the Company could manage to reduce the percentage of revenue and cost of sales comparing to the same period last year. Selling and Administrative Expenses For the
cost of goods sold and expenses 1,474.87 1,430.68 The overview of costs and expenses of the year 2018, the Company could manage the proportion of cost good sold, cost of distribution and administrative
was Baht 5 million and Baht 7 million, respectively, which reduced by Baht 2 million from 2018 because the Company could manage and obtain cheaper source of finance than the prior period. Net Profit In
% Total cost of goods sold and expenses 364.18 373.85 -9.67 -2.59% 3 The overview of costs and expenses of the 1st quarter 2019, the Company could manage the proportion of cost of goods sold, cost of
Company was Baht 10million and Baht 15 million, respectively, which reduced by Baht 5 million from 2018 because the Company could manage and obtain cheaper source of finance than the prior period. Net
and Baht 15 million, respectively, which reduced by Baht 5 million from 2018 because the Company could manage and obtain cheaper source of finance than the prior period. Net Profit In the six-month
management control of IRSL in April 2019, IRSL operational and financial performance has been improving. IVL has appointed a new management team, including the CEO and CFO, in IRSL to manage and operate the