impact by the continued global economic downturn therefore overall reduced consumption in all as compared to previous year. 2. Cost of sales For the second quarter of year 2017, the Company’s cost of sales
Company usually rises the input cost to the price of the products. Anyway, the economic recession threatens to the price structure that the Company cannot specify the price change with the corresponding
and services decreased Baht 139.58 million or 34.14% from the corresponding period of the previous year, mostly from revenue from Trading decreased Baht 123.95 million due to the economic recession from
Company usually rises the input cost to the price of the products. Anyway, the economic recession threatens to the price structure that the Company cannot specify the price change with the corresponding
million, resulting from economic recession from pandemic of COVID-19. 2. Gross profit was Baht 40.35 million which decreased Baht 19.95 million or 33.08% from the corresponding period of the previous year
of tourism and service sectors, coupled with increased consumer purchasing power from reduced inflation. Nonetheless, the global economy showed a sign of uncertainty and a risk of recession, causing
economic downturn and the outbreak of COVID-19 pandemic. Net Profit and Net Profit Margin • The Company reported net profit in Q4/2020 and 2020 of THB 17 million and THB 55 million, respectively, decreased
recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial
downwards its GDP growth forecast from -5.3% to -8.1% for 2020, projecting the worst recession since Tom Yung Kung crisis in 1997. Furthermore, Malaysia and Indonesia, our major international business
recession from pandemic of COVID-19. 2. Gross profit was Baht 20.04 million which decreased Baht 17.13 million or 46.09% from the corresponding period of the previous year, in compliance with the decrease in