News Detail

Date/Time
27 Feb 2018 17:55:00
Headline
Management Discussion and Analysis Yearly Ending 31 Dec 2017
Symbol
TNL
Source
TNL
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                Management Discussion and Analysis

Company name                             : THANULUX PUBLIC COMPANY LIMITED
Year                                     : 2017
Quarter                                  : Yearly
Ending                                   : 31-Dec-2017
Note                                     :
 (Translation)


                                               February 20, 2018
 
 Subject   : Management Discussion and Analysis on operating result for the year
 2017.
 Attention : Director and Manager of the Stock Exchange of Thailand
 
    Thanulux Public Company Limited would like to clarify the performance of the 
Company and its subsidiaries.  As shown in Comprehensive Income Statement for
the year 2017 ended on 31 December 2017, the Company and its subsidiaries net
sales was Baht 1,858.68 million, decreases Baht 150.08 million or 7.47 percent
from the same period of 2016, with net profit of Baht 152.11 million, decreases
Baht 53.19 million or 25.91 percent from the same period of 2016. The reasons
are as follow:
1.    Decrease of sales at the amount of Baht 150.08 million or 7.47 percent due to
1.1 Domestic sales decreased 3.00 percent
    Due to unrecovered domestic economic situation caused the customers to be more 
cautious in spending.  Plus changes in consumer behavior resulting in higher
competition in line with distribution channels which become more various.
1.2    Export sales decreased 15.98 percent
- Orders: Foreign customers delay the order as a result of their domestic 
economic situation and some customers shifted their production bases.
- Exchange rate: Baht appreciation comparing to Euro, US Dollars and Japanese 
Yen.
2.    Proportion of cost of goods sold to sales revenue in 2017 was 71.02 percent, 
increased 1.51 percent compared to 69.51 percent in 2016 due to decrease in
sales quantity and high price competition, including Baht appreciation comparing
 to Euro, US Dollars and Japanese Yen.
3.    Decrease of sales proportion of products with high gross margin, resulting in
 decrease of gross margin.
    The Company and its subsidiaries are able to manage selling and administrative 
expenses effectively.  In addition, overall financial standing and liquidity are
 satisfactory and stable.

    Please kindly acknowledge and publicize accordingly.

Faithfully Yours,

Supotch Pakaworawuth, Dusadee  Soontrontumrong

(Mr. Supotch Pakaworawuth, Ms. Dusadee  Soontrontumrong)
Managing Director, Deputy Managing Director and CFO
This announcement was prepared and disseminated by listed company or issuer 
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases.  In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
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