) Environmental uncertainty (Cormier al, et, 2013) Personal aims of the managers, i.e. conservative or aggressive (Rodrigues & Esteban, 2012) Economic/Financial crisis (Latridis & Dimitras, 2013; Trombetta
different opinions from the Board of Directors' opinions. The company certifies that this information memorandum is accurate, complete and has been prepared with prudence and conservative based on the
the Covid-19 outbreaks. However, most of the drop was compensated by sales of Woody C+ Lock Lemon Flavoured, the new vitamin C drink launched in March 2020 under the Company’s production and the joint
considered the conservative basis therefore set estimated loss from cost over income and allowance for advance payments palm oil total amount of Baht 45.4 million. In 2018, the Company discontinued the
level of household debt and conservative spending are continue to hinder domestic consumption by limiting consumption with only necessary items, decreasing in spending frequency and low- price. The
tablet. And, in the second half of the year, the Company will continue to launch additional new products beyond its traditional products, i.e. Salty Lemon, a carbonated beverage product from LQSF in
period of YE 2017 is THB 1,261 million increasing by 320% from last year (YE2016: 300 million). Such provision for impairment is based on the conservative concept. If the company is able to solve the
period of YE 2017 is THB 1,261 million increasing by 320% from last year (YE2016: 300 million). Such provision for impairment is based on the conservative concept. If the company is able to solve the
conservative asset allocation. Cash Flow from Financing Activities CFF as of December 31, 2018 was -54.16 mb, mainly due to dividend distribution to our shareholders. After IPO fund raising, the company does not
Company Limited (“Solaris”). The allowance is based on a conservative accounting approach. This amount can be reversed in the future if debt is repaid. Other reasons are as follow:- 1. Total revenue