, regardless of whether such action is conducted for the benefit of the fund supervisor itself or other persons, except for the case of charging a remuneration for the performance of duty as fund supervisor or

) in the case that the infrastructure asset is a greenfield project, the action plan to develop the construction into completion, the management and benefit procurement from the project shall be

settlor transfers trustfully the money received from the offering to the trustee in order that the trustee may manage the assets for the benefit of the unit holders”, and, “once the trust becomes valid, the

of benefits that the trust property is entitled to receive from the originator for the benefit of the financial instrument holders and there shall be a condition for reimbursement of the investment

(Benefit Delivery) และการใช้ทรัพยากรสารสนเทศให้ได้ประโยชน์สูงสุด (Resource Optimization

tourism. We believe that AH will benefit from the turnaround of the automotive industry and that a turnaround will be likely from deferred demand dictated by overall economic situation and limited

presented below: Gross Profit Quarter 1 Quarter 1 Change (Unit: THB Mn) 2023 2024 Amount % Administrative expenses 121.4 101.7 (19.7) (16.2%) Administrative expenses comprised of employee benefit expenses

82.91 3.14% 72.68 2.32% (10.23) (12.33%) Non-current provision for employee benefit 68.19 2.58% 73.38 2.34% 5.19 7.60% Other non-current provisions 9.87 0.37% 9.78 0.31% (0.09) (0.92%) Total non-current

limited capacity additions. The Fibers segment delivered robust earnings with 1Q 2018 core EBITDA of $55 million, a 21% increase year-on-year. The business continued to benefit from strong demand growth of

Hotel Bangkok employee cost and additional post- employment benefit expenses from the new labour protection act effective in 2Q19. Depreciation and amortization expenses were Baht 65 million in 4Q19