main factor was the decrease in inventories. Liabilities As at 30 September 2019, the Company and its subsidiaries had total Liabilities of Baht 3 ,391 million, a decrease of 3% from Baht 3,508 million

main driver in increasing the cost-to-sales ratio from 53.1% to 64.4% in this year. VGM’s cost structure is higher than MACO’s domestic business due to higher expenses from concession in Transit and

or 3.2%. The main reasons are as follows: 1. Cash and cash equivalents Cash and cash equivalents and current investments as of December 31, 2019 and 2018 were THB 962 million and THB 138 million

finance lease under power purchase agreement 102.3 103.2 102.9 102.0 (0.9) (0.9) 410.4 417.0 (6.6) (1.6) Revenue from construction under a concession arrangement - 68.5 21.2 14.9 (6.3) (29.7) 104.6 - 104.6

appraised value. After entering into the disposition of assets, the Company will still have the same business nature as usual having main source of revenue from advertising and distribution of Bangkok Post

, the growths of aviation fuel services volume and total flights of thus two main airports were 1.2% (y-o-y) and 2.8%(y-o-y) respectively with consequences to the growth of tourism industry of Thailand

cooked chicken products to our main markets which are Japan and South Korea. Additionally, sales volume of domestic products increased by 5.13% from 2Q2016. GFPT Public Company Limited Interim Management

order to pay dividend to the Company as a shareholder. Still, the Company remains its main business to produce and sell particle board. The acquisition of Leyland’s ordinary shares and the investment in

revenue for the same period of last year. The positive impact is a result of more projects awarded in 2017 leading to more negotiation power and efficient cost management. 1. Business Performance Analysis

basis over the life of the assets. The estimated fair value is THB 175,042 mn (THB 167,688 mn in December 2016), stated in the disclosure notes to the main financial statements no. 9 under “Investment