decreased by 8.3%, with 14.0% decrease in automotive parts businesses and 8.0% increase in dealership businesses. The decrease in overall revenue was due to the following reasons: 1) Automotive Parts Business
compared to a net profit of 18.45 million baht, is due to the following reasons: 1. The ailing economic condition especially in the automotive industry, in addition to a change in the company’s strategy to
Continental Automotive Holding Netherlands BV (“Continental”) has signed a Sale and Purchase agreement to acquire a 100 percent equity of Quantum Inventions Pte. Ltd. (“QI”). The Company had invested in QI in
the same period of last year and an decrease of 3.80% over the last quarter mainly due to the the decline of sales in automotive market. 2. Cost of sales was 383.65 million Baht or at 90.3% of sales
follows: Thailand Automotive Industry Q3 January – September 2018 2017 % Change 2018 2017 % Change Production 547,547 526,778 +3.9% 1,604,116 1,477,744 +8.6% Domestic 257,466 210,735 +22.2% 746,584 620,715
million Baht or 99 percent, mainly due to the sluggish economy, especially in the automotive industry, coupled with the change in company’ strategy which focuses on projects with the government. 2 . The
model in automotive segment. Property, plant and equipment increased by Baht 54.72 million which were new machines that ordered since last year but delayed shipment until the early of this year, and some
automotive segment. Inventories increased Baht 27.47 million to prepare for order in the next quarter. There are also the deferred costs under turnkey contract of water plant construction amounting to Baht
packaging group shrank caused by the economic conditions. However, sales of customers in the packaging for milk and yogurt, Automotive parts and Spray Painting have increased due to commercially released of
) (55.55) India 160.65 194.38 (33.73) (17.35 Total 2,153.29 2,838.12 (684.83) (24.13) Overall sales revenue decline as an impact of lower production volume due to the lower production in automotive industry