past several years. Also, the change in accounting standards, which effective in 2020, affects the scheme of provision allowance for non-performing loans of financial institutions. However, it is

pilot project. With revenues in the second quarter of 7.2 million baht, cost was 88.9 percent. Performance for six-month period of 2020 was loss 19.2 million baht compared to the same period in 2019 that

effective tax rate to decline to 15.8% Profit In 2020, EBITDA (pre-TFRS 16) was Bt76,619mn decreasing -2.7%YoY due to decline in revenue offset by cost control, with EBITDA margin of 44.3% compared to 43.5

0 1 8 but later terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or

May 2019. The Company still has fixed cost for the period of shutdown while doesn’t have sale revenue including cost per ton still high for production period which resulted from depreciation and the

consolidation. EBITDA margin to maintain at 45-47% with cash outflow CAPEX of approx. Bt25,000mn AIS continues to digitally transform to optimize the cost to serve customers while ensuring an effective spending

MRTA is fully responsible for both loan repayment and interest expense in accordance to the concession agreement) to financial liabilities which measured at amortized cost with effective interest rate

which the Company had invested since January 2017. Cost of Sales and Gross Profit Unit : THB mm Unless otherwise stated For the year ended 31 December 2017 2016 Total sales 723.96 606.38 Cost of sales

residual value of assets and the revenue from fuel tank rental services. 1.2 Expenses 1.2.1 Cost of services In Q1/2019, Cost of services was of Bt387.7 million, increased by Bt9.5 million or 2.5%(y-o-y

decreased lease receivable, calculated according to the Effective Interest Method. 2.4 Cost of sales and rendering of services (excluding fuel costs) Cost of sales and rendering of services for the 2 nd