). This was mainly contributed by the performance of “Fit Fast Firm” project, which drove down raw material and packaging costs (sugar, cullet, and other packaging materials), optimized product formulation

decreased 30.54 million baht, or equivalent to 9.37% from the same period of previous year due to the Thai economy that slowed down. Spending and government investment were inadequately driven economy

with the decline in fees from transaction services caused by the exemption of transaction fees via digital channels. The decrease in non-interest income also came from lower gains on investments, while

problems caused by the Covid-19 outbreak. Hence, there could be a delay in planned infrastructure investment this year. Headline inflation in the first quarter of 2020 was 0.42 percent, down from 0.74

sales, down from 7.7%. Such decline was mainly due to a considerable increase in SG&A expenses i.e. mostly arising from overseas subsidiary’s operation, ACM’s THB 13 million loss resulting from pre

) (1,612.81) (1,350.14) Net Cash Used in Financing Activities (54.66) (757.33) (680.20) Net Increase (Decrease) in Cash and Cash Equivalents 322.76 (281.62) 425.39 Cash and Cash Equivalents at the Beginning

1,249.63 million and THB 729.06 million respectively. This equals to a sharp decline of 41.66% year on year. Domestic sales revenue dropped 43.82% from the same period of the previous year due to an

recorded total sales revenue of THB 733.57 million and THB 384.43 million respectively. This equals to a sharp decline of 47.59% year on year. Domestic sales revenue dropped 46.25% from the same period of

2Q 2020/21 PERFORMANCE ANALYSIS (YOY) In 2Q 2020/21, MACO recorded an operating revenue of THB 507mn, a decrease of 32.2% YoY. The decline on overall performance was from the prolonged impact of COVID

payment received from trade receivables and other receivables. The decrease was also due in part to the depreciation of asset. - The total liability stood at 188.83 million baht, down by 2.07 million baht