, in regards to the current economic situation which is in an improved trend but the risks to asset quality remained in concerns. The Company therefore remains cautious in expanding high-risk loans. As
quarter of year 2024 6 the postponed 2024 budget. While demand for new vehicles remains solid, it is currently delayed due to stricter financing options. It’s important to emphasize that the company
shareholder. Management control remained (CCET’s management seats remains): since the board of directors of CCPH shall still remains 5 seats including Mr. Shen, Shyh-Yong, the vice chairman of the Company and
will be valued using fair value method and the difference in fair value will be reflected in Goodwill. However, the company remains committed to implement operational excellence and the optimization of
company’s market share in terms of retail sales volume remains in the second place and continues to grow. The company was able to increase its retail sales volume for motor fuel by 7.0% YoY, while the total
slightly, its mixture in Diesel fuel remains at 7% the entire quarter, Gross profit improved from the cost of crude palm oil that was used in manufacturing lowered at a faster pace than the price of B100
additional support from the government project. Meanwhile, government spending remains the main supporting factor for the Thai economy even in this quarter slowed down as the delayed in budget disbursement. As
U CITY PCL 2018 MD&A (for the year ended 31 December 2018) 12 U CITY PCL 15 MAY 2018 We remain actively engaged in our asset divestment programme, which remains in process. The remaining assets to be
amounted to THB 3,787 million; with total liabilities of THB 3,376 million; and total equities of THB 9,708 million. In this regard, the company financial position remains strong with low debt- to-equity
depressions in farm income and high level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy