shares or rendering a financial support that will later generate the right to acquire shares of such business, and being involved in the supervision of the business plan, the operation or the improvement
rendering a financial support that will later generate the right to acquire shares of such business, and being 2 involved in the supervision of the business plan, the operation or the improvement of the
equivalent to 9.38% of business operation based on financial statement as of March 31, 2019, which is not considered as acquisition. However, according to the Board of Directors „s resolution 3/2018 on 18
expense and amortization. Selling and administrative expenses amounted to Baht 303 Million representing an increase by Baht 27 Million or 9.8 percent from the operation of the MRT Blue Line Extension
continuously make profit to the shareholders. The Company is currently expanding the business into personal loan which is still in the first three years of operation and it must take time to increase the size of
addition, sales of Municipal Solid Waste Power Plant increased by Baht 49.8 million or 69.7% from revenue recognition of Municipal Solid Waste Power Plant in Krabi which started its commercial operation on
sales increased to 71.3% from 67.8% in the same period last year as a result of higher cost per unit due to lower capacity utilization; higher depreciation resulted from additional investments in
three months ending 31 March 2018 to THB 3.5 Mn in the same period of 2019, a decrease of THB 2.8 Mn or 44.4%. This was mainly due to the utilization of proceeds from initial public offering to pay back
utilization, which was partially offset by a lower cost of the copper (Table 2). Furthermore, as the majority of factory burden costs are fixed, whereas total production volume decreased, which resulted in a