Singapore and Malaysia had a drop in sales from its main customers in the HDD industry. The subsidiaries overseas were also affected by the strengthening of Thai Baht, which resulted in a decline in total
sales volume has risen up continuously but the export income was directly affected to be reduced from Thai Baht appreciation rapidly and tremendously. However, the company has protected the risk of loss
volume. 3. Thai Baht was strong in first half year which led to lower of margin of export when translate to Thai Baht. However in year 2016, the Company expanded to the water management business which has
33.39% when compared with the 1st quarter of 2018 due to fluctuations of the Thai Baht currency. Finance Costs The Company and its subsidiaries’ finance costs in the 1st quarter of 2019 were Baht 1.76
% of revenue from sales, which increased by Baht 2.87 million or equivalent to 382.80% when compared with the same quarter last year due to fluctuations of the Thai Baht currency. Income Tax Expenses The
abroad sales and lower revenue recognition from overseas sales resulting from Thai Baht appreciation against 3 main currencies (USD, EUR, and AUD) even though having higher export volume compared to the
resulting from Thai Baht appreciation against 3 main currencies (USD, EUR, and AUD) even though having higher export volume compared to the previous year. Cost of sales, Selling and Administrative Expenses
) Impact of Accounting Standard (TFRS 9 and TFRS 16) In 2Q2020, there were Foreign Exchange Gain of Baht 133.6 million due to USD loan of Associate companies resulting from Thai Baht appreciation and Impact
. While Normalized Net Income attributable to Owners of the Parent is Baht 219.0 million, 18.8% decreased from 1Q2019. Due to substantial weakening of Thai Baht, Net Profit is significantly affected by
the same period of the previous year by 3.83 million Baht and 12.38 million Baht respectively, due to the lower sales caused by the depreciation of Thai Baht and intense competitive situation in foreign