disclosed and received ratification regarding this matter from the shareholders. Moreover, Carnival Magic also hired Cherdchaiwon Company Limited (“Cherdchaiwon”) as the constructor of a hydraulic elevator
hydraulic elevator platform along with a structural foundation and a lifting for use in Carnival Magic Project. However, the authorized director and major shareholder of Cherdchaiwon is the spouse of Mr. Pin
Magic also hired Cherdchaiwon Company Limited (“Cherdchaiwon”) as the constructor of a hydraulic elevator platform along with a structural foundation and a lifting for use in Carnival Magic Project
(“Cherdchaiwon”) as the constructor of a hydraulic elevator platform along with a structural foundation and a lifting for use in Carnival Magic Project. However, the authorized director and major shareholder of
per month) and 2. A service agreement ( for facilities and public utilities of the building such as cleaning services, maintenance , elevator etc.) for the lease space on the 2nd , 3rd , 4th , 5th and
dine-in areas resulting in higher proportion of take-home products and orders via food delivery services, which have lower margins than dine-in products, as well as the sales of raw material to Mikka
/ 2021. The reason for the decrease in income because the main raw material, which is Sweet corn can be harvested late due to inclement weather making it unable to operate at full capacity and fully
Years ended 31 December 2018 2019 THB mm % THB mm % THB mm % Raw material and packaging 328.65 79.70 146.10 56.57 (182.55) (55.55) Labor costs 37.24 9.03 23.22 8.99 (14.02) (37.65) Depreciation costs
% THB mm % Raw material and packaging 179.04 80.77 71.50 60.69 (107.54) (60.06) Labor costs 21.98 9.92 11.33 9.62 (10.65) (48.45) Depreciation costs 8.64 3.90 10.06 8.54 1.42 16.44 Freight expenses 0.68