be based on impairment requirement under Thai Financial Reporting Standard No. 9 (TFRS 9). Financial instruments under TFRS 9 are classified into 3 stages. For stage 1, TFRS 9 requires ECL allowances

effect elapsed that led the weather situation back to normal state, and consequence to the continuous growth of palm oil inventory. Furthermore, some countries have raised import duties for palm oil which

, which already expired. In addition, Thai baht strengthened to nearly 10% against the US dollar compared with the same period last year also had an impact on sales. However, if considering only normal

positively. On the variable cost side, apart from normal inflation, as highlighted since Q2 fuel prices have increased versus the same period in 2017. The latest fuel shipment in December was more economical

หน้ีชวงตนใหมียอดการ จัดเก็บที่ดีข้ึน โดยอัตราการจัดเก็บหน้ีมีการปรับสูงข้ึนอยางชัดเจน ไตรมาส 1/61 ไตรมาส 2/61 ไตรมาส 3/61 ไตรมาส 4/61 หน้ีจัดช้ันปกติ (Normal และ X Day) 96.93% 96.68% 96.52% 96.94

factors, in the year 2019, the Group had a net profit from normal operations of 106.2 million baht, a decrease of 34.0 million baht or 24.2% from 2018. However, excluding one-time items such as the reversal

due to lower handset subsidies.  Marketing expenses, which included both normal marketing expenses and handset subsidies, were Bt2,157mn, decreasing 58% YoY and 46% QoQ mainly from lower handset

at 34.2 Baht/kg. As for crude palm kernel oil, the inventory of crude palm kernel oil climbed up and back to normal level, but still was below the expected level. As a result, crude palm kernel oil

percent for three month period and decreased by 12.9 percent for the 1st half year respectively. The majority of selling expense was sale personal expenses annually adjusted as normal. However, there was

financial costs and increase in normal profit before tax expense. 2. Cash flows from investing activities The Company had cash inflows (outflows) from investing activities during the year of 2017 stood at THB