financial statements on 18 December 2024 – the auditor stated that they were unable to review the inventory. SAM had explained that the inventory consisted of obsolete and damaged goods that were no longer
and was treated according to the standard procedures with the opportunity to explain and present supporting documents and evidence. His translator also explained the statement to him before he signed to
of the financial statements. In addition, TIES neither compared the purchase and sale prices of the related party transactions to market prices, nor explained whether or not the price differences were
neither compared the purchase and sale prices of the related party transactions to market prices, nor explained whether or not the price differences were reasonable.Later, TIES requested for postponement of
Baht 3,123 million, decreased by Baht 340 million or 9.8% from Q2’2017 that was explained as follows, Beverages business The beverage sales for Q2’2018 was Baht 1,516 million, decreased by Baht 353
thousand tons (-77% YoY and QoQ). Production was adversely impacted due to the extended shutdown of the EO-EG plant; first for the planned maintenance of 38 days and thereafter due to unforeseen mechanical
unforeseen mechanical issues resulting in a shutdown. The plant eventually commenced commercial production on 02 May 2019 thereby losing production (and commensurate earnings) from 24 January 2019 till 01 May
transactions to market prices, nor explained whether or not the price differences were reasonable. Later, TIES requested for postponement of submitting the rectified and audited 2014 financial statements, due on
company for Q3’2018 was Baht 3,345 million, slightly decreased by Baht 121 million or 3.5% from Q3’2017 which is explained as follows, Beverages business The beverage sales for Q3’2018 was Baht 1,715