by impacts from COVID-19 pandemic, which included a decline in sales prices of all the products reflecting deteriorating market conditions, except PVC-Emulsion and a decrease in sales volume due to
disturbed by sharp decline in Chinese tourists, turned off by series of unfortunate events. The Chinese tourists are one of a key customer of the company. Consequently, domestic sales experienced a 1 6.69
percent decline, compared to the previous year. The additional details will be described as follows: 1. Revenue from contract work In 2018, the Company and its subsidiaries had revenue from contract work
to Baht 1,677 million. The decline was mainly due to the decrease in revenue from EMS and Smart service businesses. The Group’s profit for the first quarter of 2020 amounted to Baht 81 million, which
with results for the same period in 2016, profit ( loss) amounted to 4.332 billion. Earnings (loss ) decrease the amount of (17.962) million baht or (415.59) percent decline was caused by a key. 1
represented revenues from sales on consolidated financial statements of THB 312 mil., dropped by THB 36 mil. or 10.3% negative growth mainly due to 1) decline on revenue from security printing in this quarter
despite of the drastically decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q2 2019, Selling and Administrative Expenses was 338 MTHB, increased by 59 MTHB or 21.1
or 17.2% due the drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q3 2019, Selling and Administrative Expenses was 361 MTHB, increased by 42 MTHB or
February caused by technical issue at our supplier’s site. Analysis of Cost and Expenses 1. In Q1 2020, Cost of sales was 3,255 MTHB, decreased by 445 MTHB comparing to Q1 2019 or 12% due the drastic decline
approval of a waiver for the company’s inability to comply with the requirements regarding the maintenance of the debt-to-equity ratio that incurs interest, which will be reflected in the financial