year 2018 was Baht 422.85 million, which increased from the previous year by 2.73 percent, due to effective management of production cost and selling expenses. (2) Analysis of Operating Results and

commercial operation of hospitality business since April in accordance with measures containing COVID-19 announced by local governments. Regardless an effective cost management together with reducing variable

Official Account: @fnoutlet as well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview In quarter 2/2020, the economic outlook has contracted resulted from the Coronavirus disease 2019 (COVID

traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see

high profit margin and also from effective marketing policy. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2018 Year 2017 Increase

rates during 1Q20. Interest expense totaled Baht 1,301 million, a decline of 6.1% yoy, with cost of funds declining to 2.0% for 1Q20 comparing to 2.3% for 1Q19 from effective cost management in line with

installed capacity of 20.1 MW, and sells electricity to EDL under a 25-year PPA. The Project was able to achieve commercial operation on July 30, 2017 as scheduled in PPA, and the construction cost is in line

and environment – under good corporate governance, appropriate risk management and effective cost management. Prioritizing the development of technological solutions with the aim of becoming “Customers

-0.1% Food Business Revenues 2,760.9 56.9% 2,621.8 55.6% +139.1 +5.3% Total Revenues 4,854.8 100.0% 4,717.8 100.0% +137.0 +2.9% Cost of Sales – Hotels Business (1) (818.6) (16.9%) (858.9) (18.2%) -40.3

advancing digital age. For operating income in 2017, most commercial banks could maintain net interest margin (NIM) due to overall effective cost management despite the deteriorating quality of loans granted