support domestic industries. Including, the fluctuation of exchange rates affects to the sales value decreased also. Anywise, the company expanded a production line to meet the needs of customers resulted
hedge against the fluctuation in the foreign exchange rates of buying and selling contracts. 4. Selling and administrative expenses decreased by 7.71 million baht (from 118.49 million baht in 2018 to
decreased by Baht 31.32 million to Baht 11.38 million. Whereas the Company won saving lottery issued by Bank for Agriculture and Agriculture Co-operatives, receiving reward of approximately Baht 20 million
exchange contracts that the company utilized in order to mitigate the risks of foreign exchange rate fluctuation. 5. Sales and administrative expenses increased by 8.08 million baht (from 499.86 million baht
2020, other income of the company consists of scrap sales , tax cards income mainly and gain on equipment disposal. 4. Loss from foreign exchange by 23.34 million baht due to an impact from fluctuation
from fluctuation of exchange rate. 5. Distribution Expense increased by 12.91 million baht (from 50.30 million baht in 2019 to 63.21 million baht in 2020) due to increased sales. 6. Administrative
which may affect international trade and exchange rate fluctuation. According to the Bank of Thailand data, at the end of December 2017, reported the total numbers of credit card industry amounted to 20.3
by 3.2%, higher than 2.9% growth in 2015, according to data from Bank of Thailand and NESDB. This was mainly from acceleration of government expenditure and the recovery in both of farm income and
from sales: details as follow. The decrease in sales revenue is a result of the reduced sales volume. Due to the fluctuation of raw material prices and exchange rates in the past, the company has to
Ref: CIG 040/2020 November 16, 2020 Subject: Profit and loss reporting for the period of 9 month of 2020 and explanation of more than 20 percent fluctuation in profit and loss compared to that of