aviation fuel services volume and total flights of thus two main airports were 5.2% (y-o-y) and 6.5%(y-o-y) respectively with consequences to the growth of tourism industry of Thailand. During the passengers
still believes that the Company could collect debt from the main customers based on the past experience. However, the management had set up the allowance for doubtful accounts, amounting to THB 5.99
volume and the total flights of thus two main airports were 4.5% (y-o-y) and 5.8%(y-o-y) respectively in line with the growth of tourism industry of Thailand. During the passengers who traveling through
service income, which is not related to its main business totaling THB 1.24 million while unrealized gains on exchange rate decreased by THB 1.07 million. Cost of services and sales Cost of services and
482mn mainly due to the aforementioned consolidation which was the main driver in increasing the cost-to-sales ratio from 57.8% to 64.5% in this quarter. VGM’s cost structure is higher than MACO’s
are summarized as follows. Assets As of 31 December 2019, the Company had total assets of THB 82,263.8 mm, which increased by THB 3,918.9 mm from THB 78,344.9 mm as of 31 December 2018. The main reasons
Company’s shareholders’ equity stood at THB 5,586.4mn, a decrease of THB 143.4mn or 2.5% from THB 5,729.8mn as at end of 2019. The main cause was a decrease in unappropriated retained earnings which resulted
4,575 4,187 9.2% หนา้ 5 Assets As at 31 March 2020, the Company and its subsidiaries had total assets of Baht 4,575 million, an increase of 9% from Baht 4,187 million as of 31 December 2019. The main
loss for the 1st quarter of year 2020 was Baht 255 million representing a decrease of Baht 469 million or down by 219% over the same period last year. The main reasons include: Total revenues The company