13.09% which is lower than 15% of the company’s total assets. Accordingly, such transaction does not come under the scope for the acquisition or disposition of assets having significant value for listed
EBITDA as well as increased share of profit from joint ventures and lower finance costs. • Total assets as of 31 December 2019 stood at THB 53,531mn, decreasing by 0.8% or THB 429mn from 31 December 2018
lower from last year quarter by THB 15 million. This is due to the reduction in consultant service expenses as follows: 1) Termination of the business advisory and review agreement with the foreign
robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain
decrease in corporate income tax expenses. Meanwhile, electricity revenue and cost of sales were decreased because lower electricity sales and fuel costs unit price, comparing to the same period of the
margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and
Company’s gross profit margin significantly decreased from 43% in 1Q2019 to 41% in 1Q2020. The lower gross profit margin attributed to revenue mix which is less contribution from revenue from residential
the record of net loss of THB 9mn, a decrease of 103.3% YoY. Excluding the one-time expenses, the Company recorded Net Profit from operation of THB 171mn, a decrease of 34.2% YoY. The lower-than
-Vitt contribution in the 2H’20. Selling and administrative expenses (SG&A) level of spending was at 22.7% of sales, slightly lower YoY. Our actions were to focus on core products and defend profit with a