market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
, due to the following reasons; 1. Total incomes of the Company increase to THB 122.90 million equal to 73.59% against to the same period of last year mainly due to: 1.1) Revenue from Sales increase THB
million in 2019, which rocketed year-on-year by Baht 3 .81 million or 508% due chiefly to a reversal of accrued bonus forgone by an executive into other income of Baht 2.25 million. For the Year Ended
, including interest income, gain on foreign exchange and other income, amounted to Baht 4.56 million in 2019, which rocketed year-on-year by Baht 3 .81 million or 508% due chiefly to a reversal of accrued
. This led to a decline in average Passenger Load Factor (PLF) in this quarter (Source: International Air Transport Association). Thailand tourism industry in the first quarter of 2019 had a minor growth
-year average of 68.0 percent. Consequently, employment contracted by 0.7 percent. Private consumption slightly softened due to stagnant farm and non-farm income growth. Moreover, household debt, which
losses on inventories devaluation [NRV] THB 1,689 million] . And, due to the state of the price of crude oil declining significantly, the company recorded loss on impairments in assets under the
transport expenses for 1.55 million Baht. Due to half of the sales were delivered to customer’s site rather than ex-work and increased in commission expenses by 2.00 million Baht. Administration Expenses The