or a decrease of 14.53 percent. The revenue decrease was partly result of lower sales of Rubber Wood Sawn Timber business to its Chinese customers as majority of customers requested for delays in
wood kiln dried sawn timber which is the main business of the company. The business was impacted by volatility caused since 2019 as a result of trade war between United States and China, where China was
purchasers generation and distribution. Mr. Khomwit Boomthamrongkit is also an executive and a shareholder in many companies such as SBP Timber Group Co., Ltd. having its main business of importing and
and paid-up capital is Baht 259,850,000, divided into 25,985,000 ordinary shares, having a par value of Baht 10 per share; and 2) KPN Chinese Academy Company Limited (“KPN Chinese”) operating Chinese
domestic seaweed snack market due to our consistent marketing strategies. However, sales for tourists especially the Chinese tourist consumers decreased when compared to the same period of the previous year
power generation and distribution. Mr. Khomwit Boomthamrongkit is also an executive and a shareholder in many companies such as SBP Timber Group Co., Ltd. having its main business of importing and
/2019), due to the declining number of Chinese tourists visiting Thailand by more than 90 percent after the Chinese New Year festival, closure of certain stores, restricted commute to crowded areas and
) KPN Chinese Academy Company Limited (“KPN Chinese”) operating Chinese language teaching school under the name “Chinese Language and Cultural School”. In addition, KPN Academy is a shareholder in other
while the tourism growth decelerate from drop in arrival from Chinese visitors which was effected from the deadly Phuket boat accident. In addition the weak of Chinese Yuan against US dollar, resulting
2016, mainly due to higher selling price of all products, especially on PVC and Caustic Soda according to higher production cost of Chinese PVC suppliers and limited PVC and Caustic Soda export volume