than Q1/2017, while the sales volume increased marginally by 1% QoQ. Nido Petroleum Ltd. recorded higher cost of goods sold; however, selling, general and administrative expenses were better managed
334.30 300.90 Premium (Discount) on Share Capital 743.49 743.49 561.2 167.08 Other Surplus (Deficit) - - - - Retained Earnings (Deficit) 370.91 318.09 197.71 240.14 Treasury Stock - - - - Shareholders
. Furthermore, the refinery effectively managed the stocks of finished products to be sold during the TAM, resulting in the better refinery margin in this quarter. Within this quarter the refinery business
19.92%, respectively. The increase was due to the company and subsidiaries managed to control their selling and administrative expense well. Total expense compared to total revenue ratio decreased from
volatile during this quarter. However, Thailand’s financial stability was satisfactory due to a high current account surplus and rising demand for imported raw materials used in export-oriented manufacturing
receipts, however, the country’s current account turned to show a surplus. Moreover, clarity regarding Thailand’s general election date helped curb capital outflows, and the Thai Baht resumed its
capital outflows from the Thai market. Given the healthy Thai economic fundamentals, as evidenced by revived economic activity, a rising inflation rate and current account surplus, however, Thailand may
, all of which are covered and properly managed. Credit Risk Management Credit risk refers to risk whereby a counterparty or borrower may default on contractual obligations or agreements, or have an
by 3.1 Million THB or 22.3% YoY since one of the company’s subsidiary has managed to lessened the loan principal with a bank. Net Profit/(Loss) for the year Net Loss of 278.9 Million THB, Loss