due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar
% decrease from Baht 2,583.2 million of 2018. The decrease was mainly from lower contribution from GHECO-One mainly driven by lower Availability Payment Rate and Thai Baht appreciation, despite additional
, particularly in the export sector, the tourism sector, slowdown of private consumption and investment as well as the Baht’s ongoing appreciation. In 2020, Thailand economic growth will likely slowdown. There are
could generate the Cash Margin.) Net gain on foreign exchange rate Consolidated net gain on foreign exchange amounted to Baht 334 million which result from the appreciation of the Thai Baht versus the US
mostly unrealized and incurred from the appreciation in the Baht currency in the quarter. Finance cost was Bt1,194mn decreasing 7.5% YoY and 1.9% QoQ following lower interest-bearing debt. Average cost of
adoption of TFRS 16; despite higher Other Income of Baht 207.0 million mostly from the recongisation of FX gain on USD loan to related parties at WUPIN due to USD appreciation. Normalized Net Income
) increased 68 keys under AHS management contracts. The Average Daily Rate (ADR) decreased by THB 523 per night as a result of (i) the THB appreciation against EUR (THB appreciated from 35.70 THB/EUR in 2Q 2019
lower Availability Payment Rate and Thai Baht appreciation. Normalized Share of Profit/(Loss) from Investments of Utilities Business was Baht (13.5) million due to the recognition from Share of Loss from
) Impact of Accounting Standard (TFRS 9 and TFRS 16) In 2Q2020, there were Foreign Exchange Gain of Baht 133.6 million due to USD loan of Associate companies resulting from Thai Baht appreciation and Impact