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
, the Company and its subsidiaries recorded total sales of Baht 1,222 million, a decrease of 6% YoY, occurred from a decline in Domestic Branded sales. This decrease was mainly from the food service
sales recognized of Baht 87 million from Long Quan Safe Food JSC (LQSF) a new subsidiary in Vietnam since 27 April 2018 However, domestic CMG grew from both new products and some existing products
Klong Toey community in order to prevent the spreading of Coronavirus. 2) UPDATE ON DOMESTIC MARKET THAILAND In January 2020, the Company had completed assets optimisation by writing-off underperforming
exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to
of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the
) was low and could not cover cost and expense. 2. Business Outlook Total domestic Hot Rolled Steel consumption for Quarter 1, 2020 stood 1.51 million MT and decreased by 3.4% compared to same quarter
distribution in other potential countries of Africa, Americas, and APAC. For domestic market, substitute products from importers got flooded as strong Thai Baht made overall imports cheaper causing intense price
8.2 percent increase compared to the same period of 2016. The increase of sales from international market grew steadily by 14.5 percent and 0.2 percent increase in the domestic market. When compare to
during first half of 2017. However, the increasing in domestic sales push up the total revenue becoming minor decreasing. Cost of goods sold of Q3/17 is increased by 5.86% comparing with Q2/17 and 7.82