Q2’2019 due to wheat prices that have been purchased since the middle of the year together with the strengthening baht at the end of last year. The average capacity utilization rate in the 2nd quarter of

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E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

increased from THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017 and increase of THB 94.9 Mn or 28.9%. This increase was mainly due to staff increases in middle management recruited to support the future business

, 15.1% and 16.8% of total revenue during the two years respectively. This was an increase of THB 94.9 Mn or 28.9%. This increase was mainly due to staff increases in middle management recruited to support

regions such as Middle East , Latin America , Europe and Africa. Following the appointments distributors and agents in Mexico , Chile , Brazil , Peru and Egypt , we have realized some repeated orders which

, compared to 307,760 units in Jan-Mar 2016. Decreases were seen in many markets, mainly in Asia, Middle East, Central and South America, and Africa. Profit & Loss Analysis (Unit: Million Baht unless otherwise

market accounts for 60% of the total Company sales, therefore, it remains very critical to the Company to expand our reach to new regions such as Middle East, Latin America, Europe and Africa. Following

distributor for the additional channel of sales. Targeted in international markets, it accounts for 60% of total sales of the Company and mostly from Asian customers but it has added to the Middle East market

of sales. Targeted in international markets, it accounts for 60 percent of total sales of the Company and mostly from Asian customers but it has added to the Middle East market, South America Market