of loss on exchange rate of THB 26.27 million due to the fact that the Thai Baht value appreciated against US Dollar and the Company had the foreign trade receivables about USD 21.31 million

foreign trade receivables about USD 24.11 million. Financial Costs For the year ended 31 December 2019, the Company had financial costs in total of THB 94.72 million, an increase of THB 27.35 million or

) Trade and other receivables 2,247.5 2,070.8 176.7 8.5 Contract assets 803.5 913.5 (110.0) (12.0) Inventories 935.1 863.6 71.5 8.3 Other current assets 143.6 168.6 (25.0) (14.8) Assets held for sale - 37.8

had a total increase of THB 46.96 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive industry in Thailand, resulting in continuous

Company, including being responsible for and approving all risk matters and will also be a member of the Risk Management Committee and all its sub-committees as well as the Debt Recovery Committee and the

subsidiaries had a total revenue of THB 757.67 million, increasing THB 168.88 million, or 28.00%, from the same nine-month period in 2016. The increase in revenue is mainly due to the recovery in the Hard Disk

) Management’s Discussion and Analysis | 2 Executive Summary In 2017, palm oil production in domestic and international market had improved since recovery from drought causing by El Nino effect in 2016. As palm

had a total increase of THB 65.05 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive industry in Thailand, resulting in high growth in

the employee benefit expenses and other operating expenses to support the Group’s business expansion was offset by the decrease in financing cost on lower borrowings and the debt recovery from the

eliminated), while the three subsidiaries in Thailand had a total increase of THB 10.72 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive