Company and subsidiaries established the cost efficiency projects to optimize the production cost, waste management and tighter control of purchasing raw material to in- line with reduction in sales and
/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter
percentage of sales was marginally reduced from 18.63% in the previous year to 17.89%. This resulted from the tighter cost control. The amount decreased were mainly by personnel expenses, utility expenses and
January 2020. Decrease in inventory of 174.38 million baht due to the delivery of the work to the customer and the management of control is tighter Other current financial assets increased by 101.37
sluggish domestic car sales in Thailand. Thailand domestic car sales dropped 23.7% in Q2 2024 due predominantly to tighter lending policy of auto financing providers. The company also restructured dealership
influenced by tighter lending conditions in response to rising non-performing consumer loans including auto loans. Stricter lending practices have reduced the availability of retail financing, particularly
business decreased significantly in comparison to the previous year as a result of decrease in number of management and administrative staffs as well as a tighter control of marketing budget. Asset
confidence and higher household incomes. In early October, Bank of Thailand announced tighter mortgage rules in order to cool the property market and avoid the escalation of risks. Domestically, private
increased sales of Malaysia dealership was offset by lower sales of Thailand Dealership due to tighter lending policy of auto financing provider. Cost of sales and services increased in accordance with higher
tighter lending policy of auto financing providers. Domestic car sales reduced by 12.4% in Q4 2023. Cost of sales and services decreased in accordance with slower sales. Gross profit margin decreased from