- nesia due to certain debottlenecking projects and a technical glitch which have been overcome in end 4Q17. An impact from utilization of cash flow to prepay part of trade payables also had a moderate
capacity utilization following a steady contraction in export value. Meanwhile, public investment expanded as a result of an acceleration in disbursements by the government. Headline inflation in the second
geographies. This performance reflects strong demand for our products, structurally higher margins and utilization rates, and the results of our long-term investment strategy. The business remains focused to
, cost of goods sold to sales would increase to 76.1% from 72.4% in Q2/2017; due to higher cost per unit as a result of lower utilization rate; higher depreciation resulted from additional investments in
resulting to the utilization of tax loss carry forwards in subsequent years. On 26 September 2017, the Central Tax Court dismissed the case. However, the company recognized net provision at the amount of Baht
a slightly decrease in average electricity price. The main reason for this Ft adjustment is to reflect the lower natural gas costs which are the main costs of electricity generation. Electricity usage
following year. Meanwhile, electricity usage in 8M/2018 was at 124,987 Gigawatt-Hours, increased by 1% from 8M/2017, due to the increase in the agricultural and business demand. Although the acquisition of
acquisition loan of 38mTHB in March was completed along with repayments of trust receipts for fuel purchases and also the utilization of the Promissory Notes (PN). Unit: Million Thai Baht (THB) 31st Dec 2019
6.3 Mn or 98.4%. This was mainly due to the utilization of some proceeds from initial public offering to pay back all loans from commercial banks. For the six months period of 30 June 2018 and 2019
, we also faced the need to do earlier than expected preventive maintenance, which reduced our utilization rate and added to the fix costs. SG&A was slightly higher as there were some one shot impacts