is therefore considered as Class 2 transaction (transaction with a total value of at least 15 % or higher but lower than 50 %) according to the Acquisition or Disposal of Assets Notifications
of transferring asset of phase B, where the cost of phase B is lower than the cost of phase A. 3.5 Administrative expenses for the second quarter of 2020, has decreased when compared to the same
associates of THB 53mn mainly resulting from a severe COVID-19 impact in the Indonesian market. Net loss was THB 161mn with a net loss margin of 31.7%. However, EBITDA was a lower negative of THB 44mn. Our
customer orders and other chemicals decreased lower than the sale target. However, the company has focused on increasing the margin in sales which can be done above the average target of 18%. Manufacturing
prior year, whereas ROE and ROA decreased from the prior year as a result from the decrease in net profit. D/E ratio increased from the withdrawal of loan for the Blue Line Extension Project but lower
debt level and severe competition in the real estate market, the Company is rated A- by Tris Rating Co., Ltd. The Company is, therefore, able to save costs from lower interest rate when raising funds
lower change rate than the change rate in revenue when compare to Q1–2020. This is because there were higher selling and administrative expenses (SG&A) in Q2–2020 due to the provision of doubtful accounts
financial assistance transaction, it is not exceed Baht 100 million or 3% of NTA whichever is lower. Therefore, the Company has proposed to the Board of Directors for approval and disclose the information to
adequate working capital for future developments in accordance to the Company’s expansion plan and stronger financial position with higher liquidity as well as lower interest payment. 8. The opinion of the