. Sales in 1Q18 represented new prices for delivery that took effect in January 2018 with an effective markdown of nearly 2%. Cost of Sales and Gross Profit The profit margin in 1Q18 dropped Q-o-Q and Y-o-Y
1Q17. The sales growth Y-o-Y was adversely impacted by 1) the THB's strengthening against the USD and EUR in the period, with the effect being about 2.7% on sales and 2) new selling prices that took
that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due
and took time to validate and eventually produce, therefore the company has to import the finished goods products for serving our protective coatings market. 3. The increasing of sells and
paid in cash. 4. Criteria used to determine the value of assets being acquired The consideration was arrived at after negotiation between the Company and the Sellers and took into account the fundamental
(MTBE), including certain R&D Centers, patents and technology (collectively referred to as the “Acquired Businesses/Assets”) by the Company and/or the Acquisition Subsidiaries (as defined in the enclosure
from that of the same period of last year. Major Developments in 9M17 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the
lease payment of Singha Complex. Major Developments in 2017 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the following
China Fancy Wood was impacted as well. 3. Last but not least, demand also took a hit following the spread of Coronavirus (COVID-19) which further impacted our sales. In line with a drop in sales revenues
and Rayong branch in March. The COVID-19 impact especially in March has resulted in a revenue drop of THB 12.69 million, down 9% compared to the same period last year. - - Restaurant business took a