inspection cycle (2016 to 2018), audit firms in the capital market established and maintained a system of quality control as required by the Thai Standard on Quality Control (“TSQC 1”). The majority of audit
from the first inspection cycle (2010-2012) to 2019, the first year of the 4th inspection cycle (2019-2021), showed promising overall improvement despite the SEC’s more intensive inspection in several
gross margin to sales decreased by 3.6 percent mainly from the seaweed cost increase by more than 20% as the quantity of seaweed production in China in the production cycle of the year 2017 decreased by
competition and resulted into slower sales in B2B as well. Adopting to the changing consumer behavior where consumers are transitioning to apply technology for their purchases, the Company is expanding its
further appropriate actions to establish consistency in the overall supervision of auditors and audit firms. In the quality control system inspection in 2020, the second year of the 4th inspection cycle
acknowledged product quality and its attractive lower retailing price as compared to the previous packaging size of a 330 ml. The new energy drink is not only expanding the customer base to younger generations
(Times) 0.78 0.62 Account Receivable Turnover Ratio (Times) 7.81 7.42 Average Collection Period (Days) 46 48 Inventory Turnover Period (Days) 19 18 Average Payable Period (Days) 17 16 Cash Cycle (Days) 48
%, driven by structural improvement in the commodity cycle and strong demand across geographies. Core EBITDA per ton of $139, up 32% YoY, driven by uptrend in PET margins and significant recovery in Asia
personal expenses and the depreciation because of the expanding capacity of subsidiaries. Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director
Consolidated net loss for the period (Q1) amount -4.57 million compare with the same period (Q1) for the last year amount -2.80 because the Company Cost of Market Development of Expanding the customer base and