cash equivalents, receivables under finance lease increased by Baht 20.8 million from the adjustment of exchange rates. Inventories increased by Baht 134.6 million due to the change of fuel storage plan
the year. Inventories increased by Baht 89.7 million due to the change of fuel storage plan in order to be sufficient for production in a longer period. Restricted deposits at financial institutions
our growing headcounts and upward adjustment of based compensations in accordance with our human resource policy. This was also resulted from the change in product mix due to the launch of new products
resulted from the change in product mix due to the launch of new products, of which produced by our 3rd party manufacture which typically deliver lower gross profit margin, and a wider product variety of 3rd
in 3Q18, a 28.4% decrease from 3Q17. The decline was attributable to an increase in rental expenses due to a change in accounting entry for the hotels under Dusit Thani Freehold and Leasehold REIT
cash and cash equivalents, receivables under finance lease increased by Baht 105.6 million from the adjustment of exchange rates. Inventories increased by Baht 72.0 million due to the change of fuel
EBITDA margin was 18.6%, a slight decline from 18.8% in 2016. In 2017, depreciation and amortization decreased by 11.6% yoy to THB 536 million, due to the change of estimated useful life of the assets
mainly due to the change in accounting treatment on the partnership with TOT (see significant event). Excluding all costs paid to TOT, the focus on cost optimization continued to result in controlled