investment LPN made in the above real estate development project and the establishment of a joint- stock company is to bring about long-term business growth. It will generate more income for LPN as it is
Company of Baht 38 million. The Company has maintained a low debt to equity ratio with steady growth in its shareholders’ equity from fund mobilization via the IPO and could generate retained earnings from
generate retained earnings from operation, while incurring an insignificant amount of total liabilities. The Company and its subsidiaries recorded a debt to equity ratio of 0.13 times. Yours sincerely, Mr
mobilization via the IPO and could generate retained earnings from operation, while incurring an insignificant amount of total liabilities. The Company and its subsidiaries recorded a debt to equity ratio of
. Management Discussion and Analysis (MD&A) for 2019 Page 5/5 Looking Forward In 2019, the Company was able to generate revenue from business expansion quite well, which could be achieved according to the target
increased by 1.85 million baht or 37.91 percent. The reason is due to Euro Asia Total Logistics Company Limited has expanded the work to manage the channels to generate revenue according to the strategy. Must
lower gross margin was also affected by the disposal of the subsidiaries* as this group of companies used to generate high gross margin (but also high selling and admin expenses). Moreover, the
increase by 46.9%. The delayed in delivery plan for ZIGA for the said reason, the company therefore switch the allocation for capacity in the product category brand DAIWA and therefore generate an increase
the expanding to more foreign customers which will generate the recurring income and value-added to the Company in long run 8) Funding Source for The Transaction The Company will use the Company’s
, the business operation of subsidiary companies will be independent from that of the mother company. Subsidiary companies will also provide services to other companies in order to generate more income