Baht 564.20 million, investment in associate amounting to Baht 279.95 million, right- of-use assets amounting to Baht 217.17 million, intangible assets amounting to Baht 213.58 million, deposits for
shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned. The development was prolonged until the additional
and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors have been affecting
projects in Q4-2020. For example, in Q4–2021, two projects in excess of 100 MB were recognized with a total value of 311.6 MB, whereas in Q4-2020, five projects in excess of 100 MB were recognized with a
gradual increment of rig counts being used in the US; leading to concerns that supply reduction measures that producers have elected to follow, will not be able to curb market excess supply. On the other
participate in the supply reduction had to stop fuel pipeline transfers, leading to lower production and export of crude oil; alleviating market pressure from excess supplies. Also, active oil rig counts in the
been determined based on value in use calculation using 5 years cash flow projections. Loss on impairment of equipment and intangible assets was 3.1 million baht. However it was non-cash item which no
not want to invest for a long term for the development of public utility because the company is required to use the proceeds from the sale of shares to the investment and development of industrial
, 2018. 5. The Company’s Shareholding Proportion: Before the disposal; After the disposal; 20.51 percent 0 percent 6. Objectives of the Disposition: To use the received amount as the Company’s working