2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic
Bangkok Hotel of THB 42 million. In 2018, the Company reported total revenue of THB 5,565 million, a relatively flat from that of last year, despite the decrease in revenue from Education business, the
baht increased 608 million baht or 12% y-y and 6% q-q. This is the result of continued growth in core business revenues especially in credit card increased by 17% y-y, which in line with increasing of
loans by increasing the write-off of non-performing loans and the direction of rising household debt. 2. IFRS 9: Financial instruments in which the Company involved in financial business must comply. With
investment properties increased by 45%, compared to the same period of last year. Because, on 6 November 2015, the Company sold assets to WHA Business Complex Freehold and Leasehold Real Estate Investment
administrative expense to support business expansion. Without the non-recurring profit related to sale of Dusit Princess Korat, core EBITDA was THB 806 million, a 12.3% decrease from 2016. The Company reported net
business by focusing on the expert transportation business, all the cement mixers have been therefore written off from the assets and liabilities under financial lease agreement, resulting in a loss from the
Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 2/14 2. Business Outlook Total Hot Rolled Steel consumption for 2019 at 6.66 MT decreased by 8% compared to
grew thoughtfully and systematically, building off the scale developed in the PET business at our core. We expand with the intention to build our downstream businesses to create more added value and our
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