efficiency of assets utilization and also increase cash flow to the Company. 8. Directors who abstained from vote in the Board of Directors’ Meeting The directors who are representatives from ThaiBev abstained

above. This transaction is also considered as business promotion with is reasonable and beneficial to the company. Anyhow, the Audit committee had no different opinion from the Board. Please be informed

production efficiency, reduce cost of production in the future, and support more sales volume in the future also in the year 2018 the Company increasing the rate of benefit of an employee who has past service

but also a constructive factor to refresh the brand image of Carabao in the country aligning to the vision of “World Class Product, World Class Brand”. Other sales were THB 111 million, an increase of

2019 for crude glycerine used as raw material in production of refined glycerine. Besides, part of the loss was also caused by loss on impairment of investment in subsidiary (AIL) of 20.75 million Baht

concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost

2019 at 161 million baht. The Company will also ask for additional financial assistance of 39 million baht while the Company proceeds with the disposition of assets. The total amount is not more than 200

profit margin of the certain residential projects was also decreased as a higher competition. The decrease in sales and slightly increase in gross profit margin in 1 and 2 make a decrease of 2,957.72

policy of some distribution channels in domestic to enhance the efficiency of expenses. Such policy made the decrease of revenue but decrease the expenses caused from that distribution channels also. In

/or technology upgrade offered at the same price points to retain existing base and also attracted new demand. The high-end packages with faster speed were also made more affordable to attract demand