performance and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company due to the recoverable amount is lower than the carrying amount. In 2019, the
lower than 50 percent, the Company therefore is obligated to disclose the information to the SET and deliver the information letter to all shareholders within 21 days from the date the Company disclosed
to 15 percent or Higher than but lower than 50%) The transaction under the method of calculation of the transaction size by using the total value of consideration according to the Notification of the
Period + (-)+ (-) For the 6-month Period 4 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2-2020 • Cost to revenue from sale of industrial equipment ratio decreased by 58.32% YoY resulting from mix of lower
, loans revenue was 2,905 million baht, a decrease of 115 million baht or 4% y-y, mainly from lower new trading volume and reduction on interest rate ceiling for personal loan by 3%. Moreover, loan income
partially offset by lower production and delayed price adjustment of raw material price increases in the Portugal operations. Selling and administrative expenses increased from Baht 397.06 million in Q4 2020
Program (FSAP) in the area concerning auditors is not lower than the Broadly Implemented level. Clause 8 A foreign auditor eligible to be approved under Clause 6(2) shall comply with the following rules: (1
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
rate was 9.6. This is because in Q3-2023, the Company had a significantly lower gross profit margin than Q3-2022, net of reserves recorded in Q3-2022. The Company recorded an allowance for expected
. However, selling and administrative expenses (including research and development R&D) to sales ratio is down from 15.2% in the same quarter last year to 13.7% in this quarter due to the lower selling