in the agricultural sectors, affect the consumers’ purchasing power which has caused private sector consumption to slow down significantly. Besides, the government expenditures remain shrink due to the
total revenues from operations. The main reasons come from the increase in gross profit of food ingredient business for THB 29.74 million and the improvement on inventory control over slow moving stock
permissible rate of 15 percent. The majority of PVDs invest as much as 85 percent of the total investment money in debt securities and bank deposits. Such low-risk, low-return pattern results in slow fund
revenue from food business of Baht 6,552 million, mainly due to sluggish economic which affect consumer’s spending and closing of non- performing restaurant branches. Cost of sales Total cost of sales of
of recovery in Q3/2018 after the sluggish economy in the first half-year resulting in the drop in orders in Q1-2/2018. Towards the end of the year 2016, the Company invested in a new factory building
, or an increase of 313.50 percent. The reason from the year 2018, the allowance for diminution in value of deteriorated and slow moving goods increased to 26.80 million baht. Higher cost than normal
past, so it can not sell the products according to the sales plan. From such factors. As a result, the Company has set aside allowance for diminution in value of defective and slow moving goods to Baht
THB 362 million, respectively, which increased by 3% from Q4/2018 and 53% from 2018. • However, EBITDA margin in Q4/2019 dropped by 2.7% from Q4/2018 as a result of the slow down in dessert café sales
THB 362 million, respectively, which increased by 3% from Q4/2018 and 53% from 2018. • However, EBITDA margin in Q4/2019 dropped by 2.7% from Q4/2018 as a result of the slow down in dessert café sales
sluggish economy, leading to cancellations of some of our long-term contracts. To address this issue, we have been relentless in identifying new clients to replace those cancelled contracts. FINANCIAL