its subsidiaries had total revenue from sales at the amount of Baht 1,762.47 million, which increased from the same period in 2016 by Baht 176.86 million. The increase was affected by an increase in the
from both domestic and international demand which were impacted by the coronavirus (COVID-19) pandemic and various severe measures for controlling the outbreak. Therefore it affected to the economic
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
export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation
by the trade war between U.S.A and China. China is hit by a tariff wall which affected Thai Rubber wood exports to China. Another reason came from China with strict environmental regulations which
equivalent to (1%) in 2019 comparing to the previous year. Total Expenses: An increase by 2% of expenses from the year before mainly affected by the new law regarding employee benefit which has been effective
2021. Note that profitability in Q1 2020 was affected by one-time expenses recorded in Q4 2019 of Baht 1,083.04 million. Interest bearing debts to equity (IBD/Equity) ratio of 1.12 times as at Q1 2021
can pass through most of the raw material’s price increase to customers. Our gross profit in terms of amount will not be affected, however, the selling price increase resulted in the increase in the
previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply
the period therefore has influenced the Company’s overall sales revenues that are quoted by US dollar as compared to previous year. 2. Cost of sales For the first quarter ended 31 March 2018, the